Phase I provides up to $150K over 6 months to demonstrate feasibility of a project. Phase II provides up to $1 million or more in funding for further technology and business development. Many of the companies in the U of I Research Park, and throughout our community, have leveraged these funds to start, or further develop their innovative technologies.
Conducted by Cogent Innovations, a consulting firm with vast knowledge of the SBIR/STTR programs, the workshops are aimed to help high-tech start-ups gain a competitive advantage in securing these non-dilutive funds.
Sponsors: Illinois Small Business Development Center at Champaign County EDC (SBDC), Champaign County Economic Development Corporation (EDC), Department of Commerce & Economic Opportunity (DCEO), Beckman Institute, University of Illinois Research Park, and the Office of Technology Management.