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6. What is an SBIR grant? Describe the SBIR granting process, including how to apply for a grant, where do the funds come from, the

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6. What is an SBIR grant? Describe the SBIR granting process, including how to apply for a grant, where do the funds come from, the amount of funding, and the obligations of the recipient of the grant. What are the advantages and disadvantages of financing by grants? (to answer this question make sure you look at the DoD SBIR and other webpages referenced in the power points and lecture)

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