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.

SBIR budgeting: what to know about indirect rates