SBIR/STTR Programs from 11 federal agencies fund small business companies' (SBCs) innovative research with commercialization potentials in various topics.
*Direct Phase II avaiavle (pilot program). Not available for STTR. CDC/FDA do not participate
TABA: Techincal and Business Assistance Funding (market research, development of regulatory/manufacturing plans, IP)
Source: sbir.gov (2023)
SBIR/STTR programs are multiphase funding
Phase
Goal
Funding
I
Proof of Concept/Testing feasibility
Up to $295K (for 0.5 - 2 yrs)
II
Validation and further development
Up to $1.8M (for 2 - 3 yrs)
II+ or III
Commercialization process
lib (bridge grant), CRP, etc.
SBIR vs. STTR: While the overall goals of these funding mechanisms are similar, the budget allocation, collaboration and the PI requirements are unique.
To apply for SBIR/STTR grant, the investigators can either partner with a small business (less than 500 employees) entity or form a startup company. There are requirements for SBCs to apply and eligible for the grant award.
