NM FAST

What is SBIR/STTR

The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs are unique opportunities for small businesses to receive federal research and development (R/R&D) dollars to move their innovation from idea to commercial market. The mission of the programs is to support scientific excellence and technological innovation through the investment of Federal research funds in critical American priorities to build a strong national economy, through three phases of investment.

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Eligibility requirements for the Programs

Annually, these programs provide more than $2.5 billion in investment dollars into small businesses across the country, in a wide variety of thematic research areas and scientific disciplines. In total, 11 federal agencies participate in the SBIR program, and 6 of those agencies participate in the STTR program, funding innovations from areas such as health technologies, critical defense and force protection, border and port security, space exploration, food and agriculture, and even environmental monitoring and resource reclamation. No matter what area of scientific discovery you are working in, there is probably an SBIR/STTR opportunity for your business. Annually, these programs provide more than $2.5 billion in investment dollars into small businesses across the country, in a wide variety of thematic research areas and scientific disciplines. In total, 11 federal agencies participate in the SBIR program, and 6 of those agencies participate in the STTR program, funding innovations from areas such as health technologies, critical defense and force protection, border and port security, space exploration, food and agriculture, and even environmental monitoring and resource reclamation. No matter what area of scientific discovery you are working in, there is probably an SBIR/STTR opportunity for your business. To participate, at a minimum, businesses must meet the SBA definition for “small”, must be for-profit, and must be majority owned by U.S. citizens or other U.S. based businesses.

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SBIR/STTR

Below are expected phases from this program.

  • 1

    Phase

    Tests the technical merit, feasibility, and commercial potential of the proposed effort.

  • 2

    Phase

    Further develops the Phase I effort and generally leads to a “market-ready” prototype.

  • 3

    Phase

    Is the market approach and commercialization of the developed innovation and is generally (put in because of limited Phase III awards) not directly funded by governmental agencies, though indirect funding might be available through companion or “follow-on” efforts.

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