
Small Business Transition Grant for New Entrepreneurs
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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Small Business Transition Grant for New Entrepreneurs
SMART Application Package

Initial meeting to confirm eligibility.
Connection with the best specialized consultant for the incentive and industry.
Complete management and submission of application.
Timeline
Aug. 5, 2024
Opening of applications
April 6, 2027
Closing of applications
Aug. 5, 2024
Opening of applications
April 6, 2027
Closing of applications