PRIdea Program will increase technology and development by small business concerns, facilitate technology transfer from university research to technology-based entrepreneurs, provide support to technology-based Hispanic and women-owned small businesses, engage entrepreneurs, provide support to small businesses developing SBIR/STTR proposals to support their innovative business.

The PRIdea Program is divided in four phases.

We will be accepting applications for each of the categories listed. Each category will have a maximum of participants. The maximum of participants per category is:

  • Phase I

    Capacity Building: 60 participants

  • Phase II

    Technical & Business Assistance: 20 participants

  • Phase III

    Commercialization Process: 15 participants

  • Phase IV

    Business Venture Competition: 4 awards of $5,000 each

From the sixty (60) participants of the Capacity Building Phase twenty (20) will be chosen to continue to the Technical and Assistance training session. Out of the twenty (20) participants of his Commercialization Process phase. These final fifteen (15) will compete in the Business Venture Competition. Where 4 winners will be chosen and receive a prize of $5,000 each to continue developing their project.

Phase I is intended to provide basic SBIR/STTR basic knowledge that will make drafting a first proposal much easier. The participant will attend to the following.
Training Sessions:
Introduction to SBIR/STTR Program
Intellectual Property Protection
Patent Basics
Lean Canvas 101
Legal Structure: which one is best for your business
Phase II is a virtual workshop where participants are required to submit a preproposal or project summary in advance to for the SBIR Applicant segment.
Training Sessions:
Preparing a responsive SBIR/STTR Proposal
Drafting a budget for a SBIR/STTR Proposal
Business management for grant recipients
Phase I: Commercialization Plan Development
Phase II: Commercialization Plan Development
Phase III: PR SBIR Community
Phase III is a one-on one technical and business assistance where our consultants and/or contractors will review and edit participant proposals to convert technical concepts into the final competitive proposal.
Training Sessions:
Commercialization Strategies
Capital Alternatives for Venture and Innovation Businesses
Business Venture Competition
This competition is for Phase III participants the 4 winners of the competition will receive $5,000 each to be used to cover partial costs associated with R&D, scientific and consulting services, proposal review, market research and preliminary tests among other activities that directly strengthen their SBIR/STTR proposal, among other eligible costs. Business Venture Competition Innovation Potential Solicite.