Alaska SBDC Announces Opening of SBIR Phase 0 Applications

The Alaska Small Business Development Center (SBDC) has announced the opening of their 2021 Phase 0 program applications. The Alaska SBDC is home to the TREND program -Technology Research and Development Center of Alaska – which aims to help innovators and entrepreneurs through grants and funding to commercialize scalable technology.

The Phase 0 program is operated by TREND with the University of Alaska Fairbanks Established Program to Stimulate Competitive Research (EPSCoR). They provide funding for four companies whose ideas could have the potential to succeed. 

TREND will provide technical assistance and proposal writing instructions to help create a businesses commercialization plans. The Phase 0 grant of $10,000 will be awarded to the top four applicants. These top four applicants are then welcome to continue on to applying for SBIR Phase 1 and 2 grants to further their products lifeline. 

Barati Medical, LLC was one of the four winners in 2020. Their product plan involved the development of the first wireless near infrared spectroscopy device for use in preclinical monitoring of cerebral oxygenation. After receiving the Phase 0 grant and assistance from Trend, they have advanced to Phase 1 SBIR funding.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

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