Hacker News new | ask | show | jobs
by cjones99 4807 days ago
The SBIR program is the largest Federal source of non-dilutive seed-stage funding available. The program is highly competitive, but this funding is available exclusively to small (e.g., < 500 employees) businesses.

The intent of the program is to drive technology development and new business creation and spur innovation in areas to meet identified national needs (in this case a need by the Navy).