Recent Blog Post

Thu, Apr 25, 2024

Trademark basics

By: Ann Peterson

Guest post from MTIP senior advisor, Christie Bell, CLP It’s common for entrepreneurs to be overwhelmed and intimidated by the complexities of intellectual property concerns. The term intellectual property, often referred to as “IP,” includes patents, trademarks, service marks, copyrights, trade secrets, and more. Today, we offer a brief breakdown of the general aspects of trademarks and service marks. Read more on this subject in MTIP’s recently updated Trademark Guide.Trademarks and service marks distinguish a company’s goods. . . Read More

Thu, Apr 25, 2024

Accounting Tips for SBIR/STTR Awardees

By: Ann Peterson

Jameson & Company specializes in accounting for government grants and contracts. Ed Jameson recently presented three webinars on understanding indirect cost rates, how to set up your books for government awards, and how to survive the audits embedded in your federal funding award. Here are a few takeaways and some additional sources of information you can use as you prepare to manage your SBIR/STTR award. Indirect Cost Rates The number one mistake that SBIR/STTR candidates make is proposing. . . Read More

Thu, Apr 25, 2024

SBIR – not your only source of funding

By: Ann Peterson

If you haven’t noticed, we’re kind of fangirls of the SBIR/STTR programs. Across Montana and the nation, some fabulous companies have been able to launch new disruptive products that address critically important problems. Many of these companies scale and grow and create lots of jobs and continue to innovate. But, SBIR funding alone will not be enough. There will be gaps in funding, there will be delays in product development, there will be costs that are not. . . Read More

Thu, Apr 25, 2024

Building a Winning Team

By: Ann Peterson

Last month, we looked at the profile of a good candidate for SBIR/STTR. Beyond having a brilliant innovation, building a team that can transition your early-stage idea to a marketable product is everything (even if you don’t pursue SBIR funding). If you’re a technical founder, who will be your business partner and help you with customer discovery and eventually find your first customers? If you’re an entrepreneur with an idea for something that may disrupt an industry, but no. . . Read More

Thu, Apr 25, 2024

Simple But Not Easy – How not to get discouraged by tedious SBIR/STTR proposal instructions

By: Ann Peterson

Applying for an SBIR or STTR is a lot of work, and according to many applicants, one of the most frustrating things is having to follow detailed instructions perfectly. Crossing every t can feel tedious and unnecessary. The questions and requirements of the application may seem restricting and too rigid to really tell your company’s story, pitch your ideas, and sell your vision. Let’s be honest; applying for an SBIR/STTR can be rather dry, even boring. But. . . Read More

The Montana Innovation Partnership (MTIP) is based at Montana University TechLink Center. We are funded in part through a cooperative agreement with the U.S. Small Business Adminstration with additional funding from the Montana Department of Commerce.

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