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Procurement Technical Assistance Center (PTAC)
What does PTAC stand for? What do they do?
PTAC stands for Procurement Technical Assistance Center. PTAC consultants assist businesses in qualifying to be able to bid on federal and state government contracts (procure government contracts). They recently changed their name to Idaho Apex Accelerator.
What is SBIR?
SBIR stands for Small Business Innovation Research. It is a form of funding offered by 11 federal agencies to help small businesses engaged in innovative reasearch that is in the national interest to gain the funds needed to develop their product or process. The program is competitive and requirements are rigorous. If you think your business may qualify for SBIR funding, talk to a counselor at the Idaho SBDC for details.