The Montana Innovation Partnership (MTIP) powered by MSU TechLink Center will utilize some of our 2022 FAST funds to provide financial assistance to Montana small businesses that are actively preparing SBIR/STTR proposals in the federal fiscal year 2022.
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 six FAST Microgrants to eligible SBIR/STTR applicants of up to $2,000 per year. Prospective 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 Phase I or Phase II 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 2022 FAST Microgrant Application which provides essential information, including proof of eligibility, the 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 your Phase I or Phase II 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 2022 FAST Microgrant program is limited to applicants who have received fewer than five Phase I awards in the last 10 years.