SBIR/STTR Contract Asset Purchase during Non-Qualifying Purchase

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July 18, 2024

by a searcher from Texas A&M University in Johnson City, TN, USA

I am working on my second Asset Purchase or "Novation" of SBIR/STTR grant(s). This time I am working with a PE group that will not qualify to continue the award(s) post close.

I have the legal process and paperwork to handle this type of transaction, where I purchase the Award and continue the research. This can help employees maintain work that may be attached to the award.

These are typically super time-sensitive, with everything needing to be complete within 30 days of the entity becoming non-qualifying.

I can help across research fields and entities, including DOD, DOE, NASA, NIH, NSF, etc.

If you find yourself (or someone you know) in this position (your entity is losing small business size status, and you have open government awards or contracts, specifically SBIR/STTRs), please reach out to me with a DM or connect with me on LinkedIn!

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