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Montana State University TechLink wins federal award to continue support of Montana tech startups
With a new grant, Montana State University’s TechLink Center will continue to help small businesses apply for federal research and development funding to bring their innovative ideas to the marketplace.
The $125,000 from the U.S. Small Business Administration will support TechLink’s ongoing assistance to Montana businesses who can benefit from the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, which provide early-stage seed capital to help businesses develop and commercialize new technologies.
TechLink “has an impressive track record in helping Montana tech-entrepreneurs win SBIR/STTR awards,” said Wayne Johnston, business assistance bureau chief at the Montana Department of Commerce, noting that TechLink’s success rate for the awards is more than double the national average.
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