What is the SBIR program?

What is the SBIR program?

The SBIR program was established under the Small Business Innovation Development Act of 1982 (P.L. 97-219) with the purpose of strengthening the role of innovative small business concerns in Federally-funded research and development (R&D).

How do I participate in SBIR/STTR funding opportunities?

Participating Agencies post SBIR/STTR funding opportunities on a regular periodic basis throughout the year. Some agencies have multiple solicitations throughout the year, while others may only have one solicitation release each year. Once you identify a relevant agency to target, learn more about that specific agency’s process.

Where can I find the official solicitation for the SBIR form?

For this reason, you should use the agency link listed below which will take you directly to the appropriate agency server where you can read the official version of this solicitation and download the appropriate forms and rules. The official link for this solicitation is: http://www.acq.osd.mil/osbp/sbir/solicitations/sbir20152/index.shtml

What is the SBIR/STTR policy directive?

The Small Business Act (the Act) requires that the SBA issue a policy directive setting forth guidance to the Federal Agencies participating in the SBIR and STTR programs (Participating Agencies). The SBIR/STTR Policy Directive outlines how agencies must generally conduct their programs.

How much do SBIR/STTR Phase I Awards pay?

SBIR/STTR Phase I awards are generally $50,000 – $250,000 for 6 months (SBIR) or 1 year (STTR).

Can a private equity firm own more than one SBIR?

For SBIR awards from agencies using the authority under 15 U.S.C. 638 (dd) (1), an awardee may be owned and controlled by more than one VC, hedge fund, or private equity firm so long as no one such firm owns a majority of the stock.