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Find similar grantsSmall Business Innovation Research (SBIR) Program is sponsored by National Institute of Biomedical Imaging and Bioengineering (NIBIB), NIH. The NIBIB SBIR program funds small businesses developing innovative biomedical imaging and bioengineering technologies with commercialization potential. This aligns with Swellaway's mission to develop innovative thermoelectric technology for targeted therapy.
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Funding Mechanisms for NIH SBIR and STTR | National Institute of Biomedical Imaging and Bioengineering Funding Mechanisms for NIH SBIR and STTR Director, Office of Program Evaluation and Strategic Partnerships Discovery and Development Phase I – feasibility, up to $306,872 total costs for 6-12 months. Phase II - Full research and development, up to $2,045,816 total costs for 2 years.
Fast Track Application – simultaneous submission and review of Phase I and Phase II. If funded, the phase I is awarded, the milestone/aims of phase I are assessed by the program staff before the phase II is awarded. Direct to Phase II – This is for SBIR grants only, it bypasses the Phase I grant.
Must have completed Phase I type research and development (feasibility study) to move directly to phase II. Not all ICs participate. NIBIB does participate.
Phase IIB – competing renewal award up to $3M for up to 3 years, NIBIB does not participate. Phase III - commercialization, NIH is not usually the end customer.
Based on current listing details, eligibility includes: U. S. -based, for-profit small businesses with 500 or fewer employees, at least 51% owned by U. S. citizens or permanent residents. Principal Investigator (PI) must be primarily employed by the small business. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates Phase I: up to $306,872 (6-12 months); Phase II: up to $2,045,816 (2 years) Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
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