How to Fund Innovation for Free
HSC received a $2M grant from Tarrant County to develop a program that helps make it easier for innovative Tarrant County small businesses to apply for funding through America’s Seed Fund. Each year the Federal Government sets aside money in America’s Seed Fund (technically called the SBIR and STTR programs) to award to small businesses that are engaged in research and development with an effort to commercialize their technologies or products. There is approximately $4B available annually; these funds are nondilutive, meaning that companies that receive these funds keep their IP and aren’t required to give up an equity stake...