Small Business Technology Funding
The risk and expense of conducting serious research and development efforts are often beyond the means of many small businesses. North Carolina helps small businesses compete on the same level as larger businesses with funding opportunities for the critical startup and development stages of a technology venture.
The One North Carolina Small Business Program
This program awards state matching funds to North Carolina businesses that have received funding from either one of two federal grant programs -- the Small Business Innovation Research Program (SBIR) or Small Business Technology Transfer (STTR) Program.
The Federal SBIR/STTR Program provides funding competitions in two phases that are relevant to the North Carolina program: Phase I conducts feasibility research; and Phase II expands and develops Phase I results and develops commercially viable innovations.
Helpful Resources | Small Business Technology Funding
For more information on the One North Carolina Small Business Program, visit the North Carolina Board of Science and Technology website.
For more information on SBIR/STIR program and the federal government's Small Business Administrations’ role in the process, visit the U.S. Small Business Administration’s website.
For more information regarding other research and development funding for small businesses, visit the Small Business and Technology Development Center website.