Contact Info

South Dakota SBA FAST/Proof of Concept SBIR Supplement Application

Funded in part through a Cooperative Agreement with the U.S. Small Business Administration

Purpose

The SBIR/STTR Supplement program is to support SBIR/STTR awardees to enhance their Phase II application, bridge work between Phase I and Phase II and commercialize the results of the SBIR/STTR project. The goal is to increase the competitiveness of the SBIR/STTR Phase II proposal and successful commercialization of product developed with SBIR/STTR funding.

Application Process

  • Complete the application form.  Submit the application via email to the following individuals.
  • Application should be a maximum of 5-pages.
  • Up to $25,000 may be requested in the itemized budget. Budgets cannot be used to pay principals or family members of the submitting company. A 10% match by the company must be included in the budget. SBIR funds can be used to meet the match requirement.
  • GOED Commissioner, staff and South Dakota SBIR Center Director will review the application and issue an award agreement if the application is approved. 
  • Applicants must be eligible to participate in the SBIR program. 
  • The awardee must provide documentation actual expenditures for which reimbursement is requested.   
  • Upon receipt of the documentation and approval then a final payment will be issued to the awardee. 
  • The awardee must notify GOED on the outcome of the SBIR/STTR application and project. If the federal agency does not fund the Phase II application and the applicant does not continue to pursue development of the project the awardee would have no obligation to repay the supplemental funds. If the federal agency does fund the Phase II application the supplemental funds may be converted to a loan or equity at a later date if commercialized successfully.

Questions?

If you have questions about the SBIR Supplement program, please contact Mel Ustad using the email address above or by phoning 605-367-4515.