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Funding

Whether you're looking for startup capital or considering a loan to finance the expansion of your business, a variety of opportunities are available.

SBIR/STTR Direct Financial Assistance Program

Rolling Application

Deadline:

Start Date:

Eligibility

Both Direct and Bridge Funding grants have the following requirements:

  • May not be a nonprofit business
  • Applicants must be in good standing with the New Jersey Department of Labor (DOL) and the New Jersey Department of Environmental Protection (DEP)
  • Provide a current New Jersey Tax Clearance Certificate listing the New Jersey Commission on Science, Innovation and Technology (CSIT)
  • Have a minimum of one full-time employee (working a minimum of 35 hours per week)
  • 50% or more of the cumulative hours worked by all employees, founders, and contractors must be conducted in New Jersey
  • The primary place of performance on the Federal SBIR/STTR grant or contract award must be a New Jersey address
  • Be a recipient of a Federal SBIR/STTR Phase I, Fast Track, or Direct to Phase II grant or contract award within the last two years prior to the issuance of this Notice of Funding Availability
  • The applicant cannot have been awarded more than five Federal SBIR/STTR grants or contracts (Phase I, Fast-track, Direct to Phase II combined) throughout the lifetime of the company

Benefits

  • $25,000 Direct Funding for SBIR/STTR Phase I, Fast Track, or Direct to Phase II award/contract winners
  • $50,000 Bridge Funding for SBIR/STTR Phase II applicants

Learn More