Opportunities

Small Business Transition Grant for New Entrepreneurs

Small Business Transition Grant for New Entrepreneurs

up to 305.000$

Startup
Health and Well-being
USA
R&D
Investment
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Description

The grant aims to support early-career scientists and health professionals in the United States by providing opportunities for entrepreneurship and the commercialization of biomedical technologies. This initiative focuses on facilitating the transition of researchers into entrepreneurial roles and advancing technologies with commercial potential.

Type of Projects to Develop

  • Biomedical Technology Development
  • Entrepreneurial Training and Mentorship
  • Research and Development Projects with Commercial Potential

Eligibility Criteria

  • Applicants must be early-career scientists, engineers, or health professionals transitioning to entrepreneurship
  • Must not have independently led significant research programs
  • Small business concerns employing the researchers must be based in the United States

Eligible Expenses

  • Entrepreneurial Training Programs
  • Mentorship and Career Development Costs
  • Research and Development Activities

Examples of Eligible Projects to be Developed

  • Development of diagnostic devices for early disease detection
  • Innovative drug delivery systems for enhanced treatment effectiveness
  • Wearable technology for health monitoring

Financial Information

  • Maximum funding per company: 305.000$

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Timeline

Aug. 5, 2024

Opening of applications

April 6, 2027

Closing of applications

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