Government funds available to help companies develop their technology • Northwest Indiana Business Magazine

Companies or individuals with an idea for developing an application or technology for business use can register for assistance through Indiana’s Technical Assistance Program.

The Indiana Small Business Development Center announced that applications for the program will be accepted through February 20. The initiative connects small businesses with professional assistance to carry out growth and improvement projects.

“Small businesses can use this program for a variety of business support, from product prototyping to inventory control systems,” said David Watkins, Indiana State SBDC director and vice president of small businesses. companies. “I strongly encourage small business owners to learn more about this program and see how it could help take their business to the next level.”

Eligible small businesses can apply for up to $15,000 in professional services from a qualified vendor to complete growth and improvement projects requiring specialized assistance or technical expertise such as application or software development. technology, intellectual property legal assistance, and grant-writing assistance for small business research and innovation. Technology transfer programs for small businesses. The program is administered in partnership with the Cook Center for Entrepreneurship at Ivy Tech Community College in Bloomington, home to the SBDC’s South-Central Indiana Regional Office.

INTAP has helped 128 businesses complete projects since its launch in 2017, of which 68 were completed in 2021. To be eligible for INTAP, Indiana small businesses must meet the following criteria:

  • Be or become an Indiana SBDC customer,
  • Have a physical presence in Indiana,
  • Use a supplier physically located in Indiana,
  • Be able to complete the project within five months and before December 31, 2022,
  • Be an eligible project type, and
  • Be able to demonstrate a positive impact after completion, including but not limited to creating new jobs, increasing production or sales, or expanding new markets.

Additional information on eligibility requirements and submitting an application is available online.

Larry Avila
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