You may have a great idea for a new diagnostic, drug, or technology but developing, testing, and commercializing it takes money. One very viable source for a biotech start-ups in the US are SBIR and STTR Small Business Technology Development grants.
These federal grant programs provide essential funds for hundreds of entrepreneurs to get their technology out of the lab into the market. In fact, with awards totaling about $700 million per year, the SBIR/STTR program is one of the leading sources of seed funds for start-ups and small businesses developing new disease and health related technologies.
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