Purpose

Create awareness among faculty and students of the funding available from the various federal agencies for Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs and discuss key issues with attracting the grant.

SBIR/STTR Program

The Small Business Innovation Research (SBIR) program is a competitive but growing program that encourages domestic small businesses to engage in Research/Research and Development (R/R&D) that has the potential for commercialization.

Through a competitive awards-based program, SBIR enables small businesses to explore their technological potential and provides the incentive to profit from its commercialization.

By including qualified small businesses in the nation’s R&D arena, high-tech innovation is stimulated and the United States gains entrepreneurial spirit as it meets its specific research and development needs.

Each year, five federal departments and agencies are required by STTR to reserve a portion of their R&D funds for award to small business/nonprofit research institution partnerships. The STTR pathway for commercialization can be a better fit for University innovators because the principal researcher need not be employed by small business and collaboration with the University is a requirement of the proposal.

STTR Qualifications

Small businesses must meet certain eligibility criteria to participate in the STTR Program.

The nonprofit research institution must also meet certain eligibility criteria

STTR is a three-tiered program with the following award stages

STTR Participating Agencies (these agencies designate R&D topics and accept proposals)

Desired Outcomes

Create interest in faculty and students to pursue SBIR/STTR funding opportunities.