For-Profit Businesses

FOR-PROFIT BUSINESSES

For-profit businesses are not eligible to apply for many grant programs. Instead, businesses are more typically engaged in seeking contracts from Federal and state agencies where the difference between a grant and a contract is a matter of control. With a grant, the applicant can “propose” (the proposal) a solution to a problem or need that the funding agency describes, whereas with a contract, the funding agency typically specifies the characteristics of the solution they are seeking.

However, one exception to this pattern is the Small Business Innovation Research (SBIR) and Small Business Technology Transfer Research (STTR) grant programs that 11 Federal agencies support, listed here. GrantProse works with businesses to develop SBIR and STTR proposals.