Posted at 7:52 AM
Created on July 27, 2016
Did you know that the U.S. Small Business Administration (SBA) has the largest seed fund on the planet?
Capital formation or “seed money” is the first infusion of capital to make an idea go from a napkin to reality. America's Seed Fund, otherwise known as SBA’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, specialize in assisting entrepreneurs in the technology and science fields. SBA is authorized by Congress to deploy $4 billion annually and there is $25 billion in assets currently under management.
The SBIR Road Tour stops in St. Louis on August 18 and is a national outreach effort to convey the non-dilutive technology funding opportunity provided through the SBIR and STTR programs. Federal and State Program Managers representing the $2.5 billion in early stage funding have been invited to attend a series of events alongside technology entrepreneurs and innovation supporters from across the United States.
If you would like to learn more about America’s largest seed money fund or have clients that may be interested, please join us on August 18 at Washington University in St Louis.