A few federal programs provide grants to small firms engaged in scientific research and development (R&D). The Federal government’s SBIR (Small Business Innovation Research) and STTR (Small Business Technology Transfer) programs award a specific percentage of Federal R&D funds to qualified small businesses. SBIR/STTR programs encourage small firms to undertake scientific research that helps meet Federal R&D objectives, and have high potential for commercialization if successful.
The following agencies award SBIR/STTR grants:
Funding Opportunity Number: 1-577
The Small Business Innovation Research (SBIR) Program stimulates technological innovation in the private sector by strengthening the role of small business concerns in meeting Federal research and development needs, increasing the commercial application of federally supported research results, and fostering and encouraging participation by socially and economically disadvantaged and women-owned small businesses.The SBIR program solicits proposals from the small business sector consistent with NSF’s mission. The program is governed by Public Law 112-17. A main purpose of the legislation is to stimulate technological innovation and increase private sector commercialization.
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