PROPEL SBIR/STTR Awards Program
The purpose of the PROPEL SBIR/STTR Awards Program is to increase the number of Illinois’ PROPEL companies that apply for and receive approval of SBIR and/or STTR federal research grants. Through these small grants, PROPEL expects to help its companies submit stronger grant submissions and be more prepared for managing approved SBIR/STTR grants. The federal Small Business Innovation Research (SBIR) program and its parallel Small Business Technology Transfer (STTR) program provide over $2 billion a year to small companies developing leading-edge technologies of interest to 11 federal agencies. Eligible small businesses can secure millions of dollars in nondilutive R&D funding to support the goal of commercialization of technology-based products.
The new PROPEL SBIR/STTR Awards Program consists of two parts: PROPEL Technical Assistance Awards to assist PROPEL companies in the preparation of SBIR or STTR grant submissions and PROPEL Grants Management Toolkit Awards to assist PROPEL companies with the implementation of a grants management program upon approval of an SBIR or STTR grant.
Eligibility and Requirements
- Applicants must be active PROPEL companies for at least 30 days prior to application submission and must remain an active PROPEL company by completing the semiannual tracking for at least 18 months after the award has been paid
- Awardees must have employees (not contractors, consultants, board members, etc.) attend a 2-day SBIR/STTR Grant Writing Workshop within 120 days of award approval or have already attended this workshop previously. It is preferred that attendance occurs prior to application submission.
- Awardee must sign a grant award receipt and agree to use BBCetc for these services. Awardee is responsible for all fees and expenses incurred with BBCetc beyond the approved award amount.
CLICK HERE for detailed information on the PROPEL SBIR/STTR Awards Program.
Applications are available to PROPEL companies upon request.
Contact PROPEL for any questions (firstname.lastname@example.org or 312.422.1111x5).