Few industries experience the swift advances like those that have occurred in technology during the past 50 years. As the world becomes more dependent on computers, the Internet and smart gadgets, technology must evolve beyond what we see today to bring us new opportunities in the future. And the federal government is willing to support businesses through technology grants because technology is seen as such a world-changing industry.
The majority of technology grants are awarded through research and development programs, which promote start-up, expansion and commercialization of an idea or project. Technology is a key factor in the majority of federal departments and agencies, so it is no surprise that many departments offer government grants to businesses who use technology to further a specific area of interest. If your business proposal is heavily focused on technology, you may find a common-interest niche with a federal department from which you can secure a government grant. As with any grant, your business should have shared interests and visions with the granters to be a more likely candidate.
The following are among federal departments that offer technology grants for innovation, and research and development: the departments of Defense, Education, Agriculture, Transportation, Commerce, Energy, Homeland Security and Education; the Environmental Protection Agency; the National Science Foundation; and the National Institute of Standards and Technology.
Technology fuels the community and economy
It seems that technology’s most noted attribute is the ability to streamline almost any process. From checkout lines and stoplights to airport runways and broadcasting, more can be done with a button press or flip of a switch than ever before. While some may argue technology and innovation can cost jobs as computer-monitoring systems become increasingly popular, it is possible the jobs have only slightly shifted to creating, implementing and maintaining the technology.
Innovative thinkers have always been lauded for their ability to push a product or idea to the next level, sometimes revolutionizing the field. In a day and age where convenience and laziness are all too accessible, it is the innovators and creators who can lead the way to a more advanced future through technology grants.
Technology doesn’t just stay in the computer lab. It is implemented everywhere you go. Many technology grants focus on the environment and conservation to encourage the finding and usage of alternative resources, such as solar and wind power. As more businesses and communities raise awareness of environmental issues, technology is needed to research, development and implement solutions.
Technology grants available
- The SBIR/STTR (Small Business Innovation Research and Small Business Technology Transfer) programs promote innovation and research and development of technology in the field of agriculture for the benefit of the public through government grants.
- The National Brain Tumor Society partners with private and public investors to award research grants to businesses that can further the research of new therapeutic ideas and triumphant clinical trials.
- The National Resources Conservation Services programs provide funding and technology to voluntary landowners and agricultural producers in the areas of conservation (of land and water), environmental protection and wildlife habitation improvement.
- DSIRE (Database of State Incentives for Renewables and Efficiency) hosts a comprehensive listing of federal, state and local incentives offered to promote energy efficiency and renewable energy.
- The Houston Chronicle compiled a list of some technology grants available.
This article is written by Jon Emge who is a Senior Debt Advisor writing for a range of financial sites includingwww.debtmanagement.co.uk and www.paydayloans.co.uk