"America's Seed Fund"
The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs are funding programs that encourage small businesses to engage in R&D with the potential for commercialization. Federal agencies give out $2B+ funding through these grants to thousands of small businesses.
Undiluted $1.5M+ capital
Federal agencies do not take any equity from your company. You get to keep your equity. It decreases your need to go through a grueling fundraising round with investors.
Validation for your technology
Getting a Small Business Innovation Research (SBIR) grant signals to employees and investors that you have a technology recognized by a panel of subject-matter experts.
Because you get to keep your equity, you get to keep your control over your company. It gives you freedom to build the kind of company you want and grow at the speed that you want. These new business start-up grants are a great way to build your company the right way.
Leverage for further investment
When you want to raise further rounds, government business funding, especially a Small Business Innovation Research (SBIR) grant, increases your leverage with potential angel investors and VCs.