SBIR & STTR
Learn how to access a $3.6 billion federal R&D Program
Jim Greenwood, Greenwood Consulting Group
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The federal SBIR/STTR programs provide funds for early-stage research and development at small U.S. businesses. For those looking to commercialize innovation, Small Business Innovation Research (SBIR) and Small Business Technology Transfer Research (STTR) grants are important options to consider. University researchers across the country have found these to be significant sources of funding.
The SBIR/STTR programs often referred to as "America's Largest Seed Fund," can serve as alternate venues for university faculty research. Various models have emerged for the university researcher to spin off a business or to collaborate with an existing business and then subcontract part of the work back to the university. In fact, co-partnership with a research institution is a requirement for the STTR program.
This workshop is for startups and small technology-oriented companies, entrepreneurs, and university research faculty that are engaging in innovative research & development with the goal of commercialization.
Learning objectives include:
- Understand the basics of SBIR/STTR, including differences between the 2 programs, major differences between 11 SBIR agencies, changes occurring in the programs over time
- Exposure to a logical step-by-step process for developing a competitive Phase I SBIR/STTR proposal
- Access to an annotated set of SBIR/STTR instructions to understand the nuances and key points when writing the proposal
- Feedback on any attendee's draft SBIR/STTR proposal to improve the quality of the proposal and hone proposal prep skills
- Individuals get answers to specific questions or problems with their SBIR/STTR proposal efforts