We break down how to tackle market research for high tech innovations and guidelines to prepare well-crafted and persuasive SBIR/STTR proposals.
Eligible MTIP clients can apply for FAST funds designated to help assist with costs related to writing SBIR/STTR proposals.
Events hosted by MTIP to help you succeed along the way. Find out when and where our next workshop will be held and sign up today.
What is SBIR?
The Small Business Innovation Research (SBIR) program is a highly competitive program that encourages domestic small businesses to engage in Federal Research/Research and Development (R/R&D) that has the potential for commercialization. Through a competitive awards-based program, SBIR enables small businesses to explore their technological potential and provides an incentive to profit from its commercialization. By including qualified small businesses in the nation’s R&D arena, high-tech innovation is stimulated and the U.S. builds entrepreneurial spirit as it meets specific R&D needs.
What is STTR?
Small Business Technology Transfer (STTR) is another program that expands funding opportunities in the federal innovation R&D arena. Central to the program is expansion of public/private sector partnerships to include joint venture opportunities for small businesses and nonprofit research institutions. The unique feature of the STTR program is the requirement for the small business to formally collaborate with a research institution in Phase I and Phase II. STTR’s most important role is to bridge the gap between performance of basic science and commercialization of resulting innovations.
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