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Innovation funding

SBIR/STTR support for commercial R&D with an application strategy behind it.

SBIR/STTR can be a meaningful grant and incentive source for qualifying US innovation companies. We position the program as part of a larger grants first strategy, with the supporting application logic, financial context, and capital stack implications considered together.

Who this is for

A conversation grounded in the facts of the business.

  • 01

    US companies with qualifying research and development activity

  • 02

    Management teams pursuing agency aligned innovation funding

  • 03

    Businesses considering SBIR/STTR alongside credits, incentives, and financing

How we approach it

Innovation funding with capital stack context.

  1. 01

    Assess agency, project, and company alignment before pursuing the program.

  2. 02

    Connect the grant narrative to the technical, commercial, and financial documentation.

  3. 03

    Evaluate the federal program alongside state incentives and the company’s broader capital needs.

Common questions

Clarity before a capital decision.

Every company, project, and lender mandate is different. These are practical starting points, not a financing offer or tax advice.

Is SBIR funding available in 2026?

SBIR/STTR was reauthorized in April 2026 through September 30, 2031. Confirm the applicable solicitation, agency requirements, and dates before preparing an application.

Can SBIR be combined with other capital?

A grants first strategy can examine SBIR/STTR alongside other grant and incentive programs, R&D incentives, and suitable financing. The interaction of each source depends on the rules and the company’s circumstances.

Do you only help startups?

No. Asgard supports small and medium sized businesses, although individual program eligibility may have its own small business or ownership requirements.

Start the conversation

Ready to map the funding route?

Use the funding brief to organize a discussion around the actual need, decision maker access, and current financial context.

Prepare a funding brief

Funding, engineered

Make the next capital decision with the whole stack in view.

Start with a no cost eligibility conversation and a clearer view of what may fit.

Check eligibility