SBIR/STTR Direct Financial Assistance Program (Round 5)
Forecasted
The SBIR/STTR Direct Financial Assistance Program (Round 5) supports New Jersey small businesses with grants to advance science and research in federal SBIR/STTR projects.
Funder: New Jersey Commission on Science, Innovation & Technology
Due Dates: Rolling (applications accepted until funds are exhausted; currently paused)
Funding Amounts: $25,000 (Direct Funding for Phase I, Fast Track, or Direct to Phase II) | $50,000 (Bridge Funding for Phase II applicants); 12-month award term
Summary: Financial support for New Jersey small businesses engaged in federal SBIR/STTR programs, with grants to intensify R&D and bridge funding gaps.
Key Information: Program currently paused; check the program page for reopening updates.
Description
The SBIR/STTR Direct Financial Assistance Program (Round 5) provides targeted financial support to New Jersey small businesses participating in or applying for federal SBIR/STTR programs. The initiative aims to strengthen the state's innovation ecosystem by helping companies intensify research, enhance commercialization efforts, and bridge funding gaps between federal phases. The program offers two grant types: $25,000 direct funding for Phase I, Fast Track, or Direct to Phase II awardees, and $50,000 bridge funding for Phase II applicants awaiting federal decisions.
