What is SBIR/STTR?
The Small Business Innovative Research (SBIR) and Small Business Technology Transfer (STTR) Programs provide grants to small businesses for research and development of technology with commercialization potential. All federal agencies with research and development budgets greater than $100 million must participate in SBIR, and those with budgets above $1 billion must also participate in STTR, by setting aside a percentage of their budget for small businesses. It is anticipated there will be 4,600 awards totalling $1.9 billion in this fiscal year!
The SBIR/STTR programs...
- Encourage technological innovation in the private sector
- Strengthen small business participation in federal R&D Promote commercialization of federally-funded research
- Encourage participation of socially or economically disadvantaged and women-owned small technology businesses
- Can provide early-stage funding for risky business ventures
- Are grants, not loans, and there is no dilution of equity
There are three phases to each of the programs:
| Phase I |
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| Feasibility study Approx. $70,000 to $100,000 6 months to deliver the report |
Phase II |
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R&D to deliver a prototype Up to $750,000 Usually a two-year project |
Phase III |
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Commercialization stage Funding usually obtained outside of the program to commercialize to the sponsor agency and/or international markets |
Additional Information:
- Learn how the AZFAST grants can help your company access SBIR and STTR federal funding, enabling you to develop and commercialize your technology.
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Sign up for the Arizona Innovation Connection newsletter to receive weekly announcements of State and Federal funding opportunities through entities such as the Arizona Department of Commerce, Science Foundation Arizona, the Department of Defense, Department of Homeland Security, National Science Foundation, and many other State, National, non-profit and foundation programs.
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