The Montana Innovation Partnership (MTIP) powered by MSU TechLink Center will utilize some of our 2024 FAST funds to provide financial assistance to Montana small businesses that are actively preparing SBIR/STTR proposals in the federal fiscal year 2024.
MTIP will award up to six FAST Microgrants to eligible SBIR/STTR applicants of up to $2,000 per year. Prospective SBIR/STTR applicants may apply to MTIP to receive FAST Microgrants to attend conferences, travel to speak with agencies or commercialization partners, acquire consulting services from an approved service provider for assistance with the preparation of Phase I or Phase II proposals, develop supporting project data, and undertake other activities directly related to their SBIR/STTR proposal.
Applicants are required to complete the TechLink FAST Microgrant Application which provides essential information, including proof of eligibility, the significance of the proposed innovation, commercial potential, proposed topic/agency, team and available resources, a description of how the Microgrant funds will be used, and a detailed outline of your Phase I or Phase II project and timeline. The application process is intended to help yield good proposals and will permit sound award decisions by the MTIP program director and team.