1. Non-dilutive Funding: SBIR provides grants and contracts, which means businesses do not need to repay the funds or give up equity. 2. Validation: Receiving SBIR funding serves as a validation of the business's innovative potential, which can attract additional investors. 3. Networking: The SBIR program often provides opportunities for networking with other funded companies, researchers, and government officials. 4. Resource Access: Businesses can gain access to federal resources, including lab facilities and expertise.