Press Release

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RELEASED: 
July 19, 2021

(Washington, D.C. - July 19, 2021) The Federal Laboratory Consortium (FLC) and the Minority Business Development Agency (MBDA) will co-host a virtual event on July 21 showcasing how emerging entrepreneurs can benefit from FLC and MBDA programs. This event will be part of the 2021 National Small Business Innovation Research (SBIR) Week, which runs July 19 - 23.

The SBIR and the Small Business Technology Transfer (STTR) programs, collectively known as America’s Seed Fund, are coordinated by the U.S. Small Business Administration (SBA) and constitute the country’s largest source of early-stage business funding. National SBIR Week aims to connect entrepreneurs working on advanced technologies with the more than $4 billion in funding available annually to small businesses from SBIR and STTR. The FLC/MBDA webinar, “Technology Transfer and Small Business Innovation Research,” is a 2.5 hour program for entrepreneurs, particularly minority entrepreneurs. Successes from both FLC and MBDA programs will illustrate the wide range of benefits available for small business development. Register for the webinar here: https://mbdainvision-register4.rsvpify.com/

During the week of programming, the FLC will be scheduling one-on-one meetings to connect small business owners with federal laboratories to grow their companies and/or gain support from participating organizations. These meetings will help small businesses learn how partnering with federal labs can provide access to technologies that are poised for commercialization, facilities for testing existing or emerging products, and expert connections to opportunities for sponsored research.

For more information, to view the agenda and to register for 2021 National SBIR Week, visit: https://www.sbirroadtour.com

About the FLC

The Federal Laboratory Consortium for Technology Transfer (FLC) is a formally chartered, nationwide network of more than 300 federal laboratories, agencies, and research centers that foster commercialization best practice strategies and opportunities for accelerating federal technologies from out of the labs and into the marketplace. To learn more, visit www.federallabs.org.

About the MBDA

The Minority Business Development Agency (MBDA), part of the U.S. Department of Commerce, is the only federal agency solely dedicated to the growth and global competitiveness of minority business enterprises. MBDA invests in a national network of MBDA Business Centers to offer customized business development and industry-focused services to provide greater access to capital, contracts and markets.

About the SBIR

The Small Business Innovation Research (SBIR) program is a highly competitive U.S. government non-dilutive funding source, coordinated by the Small Business Administration (SBA). It is intended to encourage domestic small businesses to engage in high-growth research and development (R&D). Funding takes the form of contracts or grants, and the awardee projects must have the potential for commercialization while meeting specific U.S. government R&D requirements.

Media contact: Carolina Olivieri, Marketing Director, Email: colivieri@federallabs.org