The Federal Small Business Innovation Research and Small Business Technology Transfer

The federal Small Business Innovation Research and Small Business Technology Transfer Programs (SBIR/STTR) are two critical funding programs for small businesses (startup and existing firms) to support technological innovations with strong commercial potential across the spectrum of science and technology. The Programs provide small businesses with equity-free funding to conduct research and development work to de-risk technology for commercial and military success. It's all about commercialization.

mhta.org/mnsbir |  @mnsbir

Minnesota Angel Tax Credit

Minnesota's Angel Tax Credit provides a 25-percent credit to investors or investment funds that put money into startup companies focused on high technology, new proprietary technology, or a new proprietary product, process or service in specified fields. Each year, part of the credits are reserved for minority- and women-owned businesses, as well as businesses located in Greater Minnesota.

Angel Tax Credit | @mndeed

Sofia Fund

Sofia Fund understands the exceptional innovation and value that women entrepreneurs bring to technology ventures. The Fund seeks early stage, growth oriented, gender diverse entrepreneurial companies that have women leaders on the management team and who own equity in the business. Companies in the information technology, business products and services, health and wellness, clean technology or other technology areas that have demonstrated a value proposition with their business model and are looking for capital are of interest. The Sofia leadership team members have been successful angel investors for more than 20 years and recognize that opportunities are being overlooked in women-led companies operating in technology-based business categories.

sofiafund.com