Event Seeks to Boost Support For Small Tech Businesses

Posted: Updated:
INDIANAPOLIS -

The state director of the Indiana Procurement Technical Assistance Center says the U.S. Small Business Administration's Small Business Innovation Research Road Tour will allow small tech companies to compete on the same level as larger businesses by securing research and development funding. Shane Springer says the event, being held Friday in downtown Indianapolis, allows entrepreneurs to meet with program managers from 11 federal agencies.

Springer says small businesses can learn about the SBA's SBIR and Small Business Technology Transfer programs, which are grants awarded to small tech firms to "spur and advance technological discoveries and facilitate the commercialization of innovation." He says the road tour is a chance to stop in states that have been underserved by the SBIR/STTR programs.

"It's really a way to level the playing field," said Springer. "It's a fantastic opportunity to continue to support innovation here in Indiana (and) continue to provide our entrepreneurs with the tools and resources they need to be successful."

Springer adds entrepreneurs can use the road tour to bypass the "bureaucratic barrier" of trying to get a hold of an actual program manager from a federal agency. "This provides that opportunity for those one-on-one, intimate meetings where they can meet and collaborate."

This is the second consecutive year the road tour has made a stop in Indiana. In addition to one-on-one meetings with program managers, small businesses will have the opportunity to showcase their latest innovations and network with other companies from throughout the state. 

The event comes more than a month after Governor Mike Pence unveiled his 10-year, $1 billion plan to boost innovation and entrepreneurship in Indiana. You can learn more about the SBIR Road Tour by clicking here.

Springer says the event can help entrepreneurs bypass the "bureaucratic barrier."
  • Perspectives

    • Creating the Work Spaces that Draw Talent to Indianapolis

      The future economy will be driven by data, powered by robotics and heavily invested in the building blocks of nature – biotech and genetic engineering. That’s true of the economy nationwide, and it’s especially true here in Indianapolis, where dominant pharmaceutical and biotech companies are putting us at the cutting edge of the science-based economy. It all sounds larger than life. But the facilities that will house these industries will always be...

    More

Events



  • Most Popular Stories

    • The Honda Greensburg plant opened in 2008.

      Honda to Invest $4M, Add Jobs at Greensburg Plant

      The American Honda Motor Co. continues to invest in its Greensburg, Indiana plant as it has announced the factory will be producing the company’s first electrified sport utility vehicle in the U.S. The company says it will invest more than $4 million and add 34 new jobs in the plant to support production of the CR-V Hybrid.  

    • Amanda Stephenson is the founder and president of Expert RN|MD. (Inside INdiana Business Photo/Mary-Rachel Redman)

      Medical Consulting Firm Opens Downtown Indy HQ

      A medical consulting startup is celebrating the grand opening of its new downtown Indianapolis headquarters. The Indiana Economic Development Corp. says Expert RN|MD, which provides medical consultation services to law firms and life science companies, is investing $1.7 million in the new location and plans to create up to 21 jobs by the end of 2023. The firm was founded in 2018 and recently renovated the 4,000-square-foot space in the downtown's Wholesale District. In an interview...

    • Allison and Stanley Chen provided the lead gift for the campaign. (Provided Photo/ISI)

      International School Launches Capital Campaign

      The International School of Indiana has publicly launched a capital campaign to establish a unified campus in Indianapolis. As part of the ONE ISI campaign, the school is looking to raise $6.5 million to build a new school building for pre-elementary and elementary students at the site of its middle and high schools. The public launch follows a 10-month silent phase of the campaign, during which ISI raised $5 million from more than two dozen donors. Currently, ISI's operations are...

    • Rendering courtesy of the city of Fort Wayne

      Mayor Henry Announces Developer for $70M Project

      Fort Wayne Mayor Tom Henry has named Indianapolis-based Barrett & Stokely the developer for a $70 million project on the city's riverfront near Promenade Park. The company was selected from a group of five firms that submitted requests for proposals to spearhead the project.

    • Money magazine judges Fishers as 3rd best place to live in the U.S.

      Fishers Makes Top 10 List of 'Best Places to Live'

      Three communities in Indiana made the top 100 list of best places to live in the country, but only one made the top 10. Fishers was judged by Money magazine as the third best place to live in the United States, behind Clarksville, Tennessee and Round Rock, Texas.