FAST 2020 Micro-grants
FAST 2020 Microgrants
The Montana Innovation Partnership (MTIP) powered by MSU TechLink Center will utilize some of our 2020 FAST funds to provide financial assistance to Montana small businesses that are actively preparing SBIR/STTR proposals in the federal fiscal year 2020.
The costs to apply for an SBIR/STTR grant or contract can be considerable. Financial assistance for early-stage companies increases their participation in the SBIR program and the quality of their proposals.
MTIP will award 10 FAST Microgrants to eligible SBIR/STTR applicants of up to $1,500 per year. Prospective Phase I or Phase II SBIR/STTR applicants may apply to MTIP to receive Microgrants to attend conferences, travel to speak with agencies or commercialization partners, to acquire consulting services from an approved service provider for assistance with preparation of SBIR/STTR proposals, to develop supporting project data, and to undertake other activities directly related to their SBIR/STTR proposal.
Applicants are required to complete the MTIP Request for Services and the 2020 FAST Microgrant Application which provide essential information, including proof of eligibility, significance of the proposed innovation, commercial potential, proposed topic/agency, team and available resources, a description of how the Microgrant funds will be used, and a detailed outline of the Phase I project and timeline. The application process is intended to help yield good proposals and will permit sound award decisions by the MTIP program director and team.
The application and related documents must be submitted a minimum of four weeks before the applicant’s proposal deadline.
The 2020 FAST Microgrant program is limited to applicants who have received fewer than five Phase I awards in the last 10 years.