March 9, 2007, Newsletter Issue #35: Start-Up Funding Available From the Federal Government

Tip of the Week

There's federal money available to help anyone who wants to do small business innovation research that could have the potential for commercialization in the future. This is a highly competitive program but it can be lucrative, with start-up funding of nearly $1 million per business available from the government to promote homegrown R&D. Start with the Small Business Administration web site (http://www.sba.gov) and look for links to the SBIR program. You need to be American-owned, have less than 500 employees and meet other stringent qualifications.

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