...
The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs are U.S. Government programs intended to help eligible small businesses conduct R&D. These programs were established to support scientific excellence and technological innovation through the investment of Federal research funds in critical American priorities to build a strong national economy. Federal agencies with large research and development budgets set aside a small fraction of their funding for competitions specifically among small businesses. Importantly, the small businesses that win these awards keep the rights to any technology developed and are encouraged to commercialize the technology.
Since its inception in 1982, small businesses have received over $3.194 billion in funding in SBIR awards alone. The STTR program, created in 1992 to encourage cooperative research between small businesses and research institutes, has extended this support by another $423.3 million in funding as of 2019. To read about some of the exciting projects and small businesses that DOE has sponsored through SBIR/STTR, please visit Success Stories. |
The major goals of the SBIR Program, established in 1982 by Public Law 97-219, are to:
...