WI SBIR Advance

Purpose: The Pollution Control Tax-Exempt Bond Financing Program facilitates low cost capital through private activity, tax-exempt bonds. The securities pay for acquisition, construction or installation of qualified pollution control, water furnishing, waste disposal, waste recovery facilities and equipment. Tax-exempt bond financing assists qualified borrowers to obtain lower interest rates than are available through conventional loans. Description: CPCFA acts as a conduit issuer in the transaction. The bonds are issued to raise capital for revenue-generating projects where the funds are used by the borrower to make payments to investors. The conduit financing is typically backed by either the borrower's credit or monies pledged to the project by outside investors. If the project fails and goes into default, it is solely the borrower's responsibility to repay the bondholders.

Level Up LB is a program designed to propel small businesses towards success and sustainability. This initiative offers entrepreneurs a unique opportunity to connect with essential support resources and undergo comprehensive workshops aimed at crafting new business and marketing plans. Upon completion of the program, participants become eligible to apply for $10,000 grants, empowering them to expand their business capacity and enhance resilience.

The Maryland Technology Internship Program (MTIP) helps Maryland retain top tech talent by increasing the number of paid technical internships offered in the state. Administered by UMBC and funded by the State of Maryland, the program offers financial assistance to small businesses, start-ups, non-profits and state and local agencies, to hire more interns. The Maryland Technology Internship Program can reimburse employers for up to 50% of an intern’s wage, up to $5,500 annually per intern ($3,000 for the first semester and $2,500 for subsequent semester).

The Business or Commercialization Planning assistance micro-grant can reimburse up to $5000, spent on hiring an approved, independent, third party to write a comprehensive business or commercialization plan for a Wisconsin business. Typically awardees are pursuing a Phase II SBIR/STTR grant in which a detailed commercialization plan is required. The program is limited to businesses in certain industries.

Vermont’s Farm & Forest Viability Program gives grants to program participants who’ve completed business or transfer plans. The grants range from $1,000 to $8,000 and can be used for business infrastructure construction, equipment, machinery upgrades, and energy efficiency projects.