7,612
edits
Changes
Jump to navigation
Jump to search
Goal: The goal of establishing STTR was to build on SBIR expansion of public/private sector partnerships between small businesses and nonprofit U.S. research institutions.There are 5 federal agencies meet requirements for providing STTR funding (see funding structure)Participating agencies:
Eligibility:==Oversight== Must operate in US 500 or fewer employees Ownership structure: more than 50% by one or more indiv. Who are US citizens The Small Business Association (Or owned by another business who meets above criteriaSBA) Newer provision: majority owned by multiple VC's hedge funds, equity fundsis responsible for establishing the policies and procedures. SBA is required to submit a report to Congress on program performance.
no edit summary
{{Project|Has project output=Content|Has sponsor=McNair ProjectsCenter
|Has title=SBIR Evaluation
|Has owner=Caitlin MincerGrzeskowiak,
|Has start date=May 17
|Has keywords=SBIR, STTR, iCORPS
|Has project status=ActiveSubsume
}}
==Background of SBIR/STTR==
The Small Business Innovation Research ('''SBIR''') was established in 1982.
SBIR was assigned 4 "societal objectives":
*(1) to stimulate technological innovation;
The Small Business Technology Transfer ('''STTR''') program was established in 1992.
*Department of Defense
*Department of Energy
*National Aeronautics and Space Administration
*National Science Foundation
To qualify for an SBIR grant, applicants must: (1)operate in US (2)500 or fewer employees (3) have more than 50% owned by one or more individuals who are US citizens (Or owned by another business who meets above criteria). Newer provisions allow eligibility for businesses with majority owned by multiple VC's hedge funds, equity funds.
'''Difference between SBIR and STTR''': STTR program require company to partner with research institution awarded a minimum of 30% of the total grant funds
==Funding Structure==
SBIR:Requires requires agencies with extramural R&D budget of >$100 million to set aside a funds (extramural defined as funding provided to research institutions [outside NIH]) Funding: % of FY budget 2.5% 2012 increased 0.1% until 3.2% in 2017 (current level = 3.2% FY2017), where extramural is defined as funds provided to research institutions [outside NIH]. STTR: requires agencies exceeding $1billion must to set aside 0.3% of their extramural budget.
==Useful Links==
