The Minnesota SBIR/STTR Accelerator™ facilitates the commercialization of deep tech ideas, concepts, and projects by leveraging federal research and development funding to small business in collaboration with government, industry, and academia. In its seventh year, the Accelerator is funded through the Small Business Administration’s Federal and State Technology Partnership Program. As the Governor’s designated resource, the Accelerator delivers confidential SBIR/STTR business and technical assistance to access federal investments. Since its establishment in 2014, the Accelerator has assisted more than 50 companies to win more than $40M resulting in jobs, investments, patents, academic research partnerships and much more
Launch Minnesota is a new statewide collaborative effort to accelerate the growth of startups and amplify Minnesota as a national leader in innovation.
Launch Minnesota is the fiscal agent for SBIR/STTR Matching Grants for first time Phase I and Phase II awardees (up to $35,000 for Phase I awards and up to $50,000 for Phase II awards). Minnesota awardees must be a client of the Accelerator to be eligible of the matching grant.