OMAHA / LONDON (IT BOLTWISE) – SBIR funding has proven to be a game-changer for many Nebraska startups. Despite the uncertainties surrounding funding, experts encourage companies to apply. The programs provide non-dilutive funding that is critical to the development of new technologies.
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Small Business Innovation Research (SBIR) funding has proven to be a game-changer for many Nebraska startups. Despite the uncertainties surrounding funding, experts encourage companies to apply. The programs provide non-dilutive funding that is critical to the development of new technologies.
An example of SBIR’s success is Drone Amplified, a startup that uses drones for controlled fires and other applications. The founder, Carrick Detweiler, began his journey at the University of Nebraska-Lincoln and quickly realized the potential of his technology. With support from SBIR, he was able to build his company and establish it successfully on the market.
However, applying for SBIR funds can be challenging. The process is competitive and requires careful preparation. Applicants must be able to present their ideas clearly and convincingly in order to convince the reviewers. Storytelling plays an important role in attracting the jury’s attention and clarifying the importance of the project.
Despite the current uncertainties surrounding funding, experts like Chad Johnson of Grain Weevil advise continuing to apply. The programs offer a valuable opportunity to finance and advance innovative projects. Even if funding is currently limited, it is important to be prepared for when programs are fully available again.
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