89. Non-Dilutive Startup Fundraising SBIR Grants for Innovation

Non-Dilutive Fundraising 💰 SBIR Grants for Innovation

Get cash for your startup without giving up ownership.

Government grants can fund your development from idea to MVP and beyond.

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In this interview, Caroline Arzoo, Director of Partnerships at OmniSync, and I discusses the different options for funding a startup. She emphasizes that federal grants and contracts can be a great alternative to conventional angel and VC investment. However, she notes that the application process can be difficult, with over 80% of people who apply for federal funding on their own getting rejected for non-compliance. To help founders access non-dilutive funding, OmniSync has created an AI-powered platform that simplifies the process of finding and applying for federal funding.

In addition to federal grants and contracts, Caroline also suggests considering crowdfunding and pitch competitions as creative funding avenues.

She highlights the importance of community, transparency, and being open to change in order to navigate the complexities of growing a startup.

We also also touch on the emotional toll of the founder journey and the importance of building a support system.

Caroline Arzoo Bio:

Caroline Arzoo is a passionate advocate of innovation, supporting early-stage founders through her community-building work at OmniSync Inc and as a mentor for Founder Institute. A graduate of UC Santa Barbara’s Technology Management program, Caroline has supported hundreds of early-stage startups in accessing non-dilutive capital from the federal Small Business Innovation Research (SBIR) program.


In addition to her work supporting founders, Caroline also works to empower and build innovation ecosystems, partnering with universities, small business development centers, accelerators, and more to support their entrepreneurial initiatives.

Find her on LinkedIn at https://www.linkedin.com/in/carolinearzoo/

Check out OmniSync’s grant application tools at https://www.turbosbir.com/