The Center for Technology Commercialization is now accepting applications from small businesses for its 16th SBIR Advance grant, the organization announced recently.

According to a release, SBIR Advance matches up to $100,000 in funding to provide additional assistance to companies in the process of completing a project in the Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) programs.

As previously reported, interested companies must have a “significant” presence in Wisconsin, have an SBIR/STTR project in either Phase I or Phase II of funding and complete the “Intent to Apply” form by 9 a.m. July 31.

Funds can be used for business and market development, customer validation, intellectual property work or other areas needed to speed product commercialization.