The SBIR/STTR programs award over $4B annually for innovative technologies being developed by small businesses.  But what exactly is “innovation”?  And how innovative does a product concept need to be for an agency to consider it worthy of funding?

How Do SBIR / STTR Programs Work and Which One Should You Choose? The best choice for your proposal depends on your company's specific needs and goals.

While the SBIR / STTR proposal development process is challenging, a winning proposal can deliver the funds necessary to transition your technology from the lab to the marketplace. With proper preparation and support, you can prepare a great proposal which highlights the potential impact of your innovation.

For academic researchers, SBIR funds represent a tremendous opportunity to advance their technology through research and development, making critical progress in their journey toward commercialization. When deciding if SBIR/STTR funding is right for you, it is important to consider several questions before you proceed.

West Virginia’s technology startups have a powerful resource to use in their pursuit of federal funding – WV Sprint. WV Sprint is an support initiative provided by USRIA in collaboration with the West Virginia Small Business Development Center (WVSBDC). Funded through the SBA’s Federal and State Technology (FAST) Partnership, the no-cost support and resources provided to tech startups aims to help them navigate the complex world of federal funding through the SBIR/STTR grant programs.