US Government Grants in 7 Minutes
Jul 19, 2024Quantum computing is one of the innovative technologies on the rise. Here’s a quick guide to finding federal funding opportunities for your quantum computing startup.
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Visit SBIR.gov: This site is for Small Business Innovative Research (SBIR) and Small Business Technology Transfer (STTR) programs. These programs often partner with non-profits or universities.
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Search for Relevant Topics: Use keywords related to your technology, like "Quantum Computing." For example, searching "Quantum Computing" might bring up topics like quantum algorithms for military cargo transport.
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Understand the Phases:
- Phase 1: Typically involves a feasibility study with funding around $150,000.
- Phase 2: Can involve substantial funding, sometimes over $1.9 million, to develop the solution.
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Track Opportunities: Use tools like GovClose to track and manage your application process.
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Read the Solicitation Details: The official link for the solicitation will provide information on how to write your proposal, funding limits, and other requirements. Pay attention to whether it’s an SBIR or STTR, as STTRs often require a partnership with a university but may be less competitive.
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Prepare Your Proposal: The solicitation document will outline what is needed for the proposal, including technical details, cost, and commercialization plans.
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Submit on Time: Follow the instructions carefully and ensure your proposal is submitted by the deadline.
For more detailed advice and tips, check out the DoD Contract Academy podcast or visit GovClose.com. Good luck in securing federal funding for your quantum computing innovation!
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