Your Strategic Partner in Life Sciences
Securing non-dilutive funding can be a game-changer for biohealth companies, providing the financial resources needed to advance groundbreaking research without sacrificing equity. However, navigating the complex landscape of grants, contracts, and other non-dilutive funding opportunities can be challenging. BioHealth Innovation, Inc. (BHI) is a trusted partner in this journey, offering the expertise and support needed to successfully secure these vital
What is Non-Dilutive Funding?
Non-dilutive funding refers to financial resources that a company can secure without giving up equity or ownership stakes. This type of funding is particularly valuable for biohealth companies, as it allows them to advance their research and development efforts while preserving ownership and control. Non-dilutive funding typically comes in several forms, including:
Grants
Government agencies like the National Institutes of Health NIH) and private
foundation offer grants to support biohealth research and innovation. These funds do need to repaid or require the company to give up equity.
Tax Credits
Research and development (R&D) tax credits are available in many jurisdictions. offering significant financial relief by reducing a company’s tax liability. These can be found at the federal and state level. These cab be found at the federal and state level, and in rare instances at the county level. Montgomery County, MD is the only county in the US to offer these sorts of credits. See our MoCo EIRs to learn more.
Competitions and Prizes
Industry competitions offer prize money that can be used to fund projects without diluting ownership. As part of the BioHealth Forum, hosted by BHI every September, a competition known as Crab Trap provides prizes such as this.
Contracts
Government contracts, particularly those from various agencies, provide funding in exchange for specific research or product development services.
Benefits of Non-Dilutive Funding
- Preserve Ownership: Companies retain full control over their operations and strategic direction
- Validates Innovation: Securing funding from reputable sources can enhance credibility and attract additional investment
- Increase Valuation: Non-dilutive funding can enhance your company’s valuation, allowing you to retain more equity during future investment rounds
- Supports Early-Stage Development: Non-dilutive funding is particularly valuable for risky, early-stage projects where traditional investors might be hesitant
Challenges in Accessing Non-Dilutive Funding
Highly Competitive: The application process for grants and contracts is often highly competitive, with many companies vying for limited funds.
Complex Application Process: Preparing a compelling application that meets all the requirements of the funding agency can be time-consuming and requires specialized expertise.
Specific Requirements: Many non-dilutive funding sources come with stringent requirements and expectations that must be met, which can influence the success of a proposal.
Timing and Uncertainty: The timeline for securing non-dilutive funding can be lengthy, with no guarantee of success, making it difficult to rely solely on these sources for immediate financial needs
How BHI Can Help
At BioHealth Innovation, Inc. (BHI), we understand the complexities and challenges associated with securing non-dilutive funding; we are here to help your biohealth project succeed. Our team of Entrepreneurs-In-Residence (EIRs), analysts, and SBIR consultants offer comprehensive support throughout the funding application process:
and Editing
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Arrangements
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using 'Content here, content here', making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for 'lorem ipsum' will uncover many web sites still in their infancy.
Writing Support
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using 'Content here, content here', making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for 'lorem ipsum' will uncover many web sites still in their infancy.
By partnering with BHI, you gain access to a wealth of expertise and resources that can significantly improve your chances of securing non-dilutive funding. Our team is committed to helping you navigate the application process, from initial concept to final submission, ensuring that you have the best possible chance of success.