UNHInnovation wins grant to aid under-served small businesses

SBA funds to help with education, training, support to New Hampshire small businesses

The U.S. Small Business Administration has awarded a grant to UNHInnovation, which manages and promotes intellectual property developed at the University of New Hampshire, to provide specialized training, mentoring and technical assistance for research and development-focused small businesses under the Federal and State Technology (FAST) Partnership Program.

The funding “will enable more businesses to access SBIR/STTR funding in developing their technology businesses and provide education, training and support to New Hampshire small businesses,” said Amy Bassett, director of the SBA in New Hampshire.

After winning a similar grant last year, UNHInnovation launched a program called FOSTER (Focused SBIR/STTR Teaching, Equity and Results) to provide education, training and grant proposal support to New Hampshire small businesses, with a focus on companies representing under-served communities.