Small Business Innovation Research Phase IIB Bridge Awards

by:

The National Institutes of Health, otherwise known as NIH, is an agency that is operating within the Department of Health and Human Services.

The National Institutes of Health is the United States government's principal agency that is responsible for most of the country's biomedical and health-related research studies.

The mission of the NIH is to continuously obtain new information that would help prevent, detect, diagnose, and treat diseases and disabilities.

In line with this mission, the NIH has recently constituted the Small Business Innovation Research Phase IIB Bridge Awards to Accelerate the Development of Cancer Therapeutics, Imaging Technologies, Interventional Devices, Diagnostics, and Prognostics Toward Commercialization Program.

The program is in conjunction with the long running Small Business Innovation Research (SBIR) Program of NIH. The purpose of the SBIR program is to facilitate the innovation of solutions to existing health challenges by aiding the commercialization of the technologies that have been developed by small business concerns.

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Small Business Innovation Research Phase IIB Bridge Awards
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category - Small Business Grants

Small Business Administration's Loan Guarantees Program
The Small Business Administration has established the Loan Guarantees Program wherein they aim to be able to provide guaranteed loans to small business establishments which are not capable of acquiring financing from a private credit marketplace but greatly manifests the ability to repay funds in a timely manner.


Historically Underutilized Business Zones - HUBZone Empowerment Contracting Program
The Small Business Administration has established the Historically Underutilized Business Zones (HUBZone) Empowerment Contracting Program wherein they aim to provide federal contracting assistance to eligible small business corporations which are located in underutilized business zones so as to improve their employment opportunities, investments, and their area's economic development.


Business Loans From GovLoans
The government has launched innumerable programs that are all geared towards the achievement of this goal. Some of these programs involve the provision of technical assistance, training sessions, and strategies that would potentially help business owners in marketing their products and in expanding their businesses.


Small Business Administration Background
The Small Business Administration was established in 1953. Since that time the agency has dispensed millions of dollars in loans and loan guarantees, contracts, consulting assistance and other programs for small business across the United States.







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