The Wisconsin Entrepreneurs' Network (WEN) has recently been awarded a 2012 Federal and State Technology (FAST) grant from the Small Business Administration (SBA) to continue its work as the premiere provider of SBIR services in Wisconsin. Building on a successful history of FAST grant awards leading to improved client successes in acquiring federal funding, WEN is committed to assist small, Wisconsin, technology-based firms in the successful commercialization of cutting edge innovation.
In conjunction with the SBA's award and supported by matching funding from the Wisconsin Economic Development Corporation (WEDC, WEN will improve the competitiveness of Wisconsin small businesses in innovation R&D in acquiring federal SBIR/STTR grants. WEN Consultant David Linz of Milwaukee said, "Wisconsin businesses are fortunate to have a highly experienced and knowledgeable organization like WEN to help coach and support companies in acquiring SBIR/STTR funding. With WEN's growing impact, technology-based entrepreneurs in Wisconsin are better equipped to establish new companies and experience sustained success."
The FAST funding will be used to improve the successes of applicants through:
■Increasing WEN mini-grants that will allow small businesses to hire third party grants specialists as consultants to help them create successful applications
■Funding the development of pre-submission review panels by domain experts
■Developing additional grants specialists among our service providers
■Holding webinars and classroom training that includes an orientation on the SBIR program and detailed proposal preparation guidance
With this expansion of WEN's services, more companies throughout Wisconsin will have the opportunity to successfully vie for SBIR/STTR funding to commercialize their technologies. As a result of an increase in new technology firms in the state, new high paying jobs will be created and retained in Wisconsin communities.