Difference between revisions of "SBIR Evaluation"

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The Small Business Innovation Research ('''SBIR''') was established in 1982.
 
The Small Business Innovation Research ('''SBIR''') was established in 1982.
  
SBIR was assigned 4 "societal objectives":
+
SBIR was assigned 4 societal objectives:
  
 
*(1) to stimulate technological innovation;  
 
*(1) to stimulate technological innovation;  
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The Small Business Technology Transfer ('''STTR''') program was established in 1992.
 
The Small Business Technology Transfer ('''STTR''') program was established in 1992.
Goal: build on SBIR expansion of public/private sector partnerships between small businesses and nonprofit U.S. research institutions
+
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.
5 federal agencies meet requirements for providing STTR funding (see funding structure)
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There are 5 federal agencies meet requirements for providing STTR funding (see funding structure):
Participating agencies:
 
 
*Department of Defense
 
*Department of Defense
 
*Department of Energy
 
*Department of Energy
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==Funding Structure==
 
==Funding Structure==
  
SBIR:
+
SBIR requires agencies with extramural R&D budget of >$100 million to set aside a funds (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].
Requires agencies with extramural R&D budget of >$100 million  
 
(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)
 
 
STTR: agencies exceeding $1billion must set aside 0.3% extramural budget
 
  
Eligibility:
+
STTR requires agencies exceeding $1billion to set aside 0.3% of their extramural budget.
Must operate in US
+
 
500 or fewer employees
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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.
Ownership structure: more than 50% by one or more indiv. Who are US citizens (Or owned by another business who meets above criteria)
+
 
Newer provision: majority owned by multiple VC's hedge funds, equity funds
+
==Oversight==
 +
The Small Business Association (SBA) is responsible for establishing the policies and procedures. SBA is required to submit a report to Congress on program performance.
  
 
==Useful Links==
 
==Useful Links==

Revision as of 17:56, 10 June 2017


McNair Project
SBIR Evaluation
Project logo 02.png
Project Information
Project Title SBIR Evaluation
Owner Caitlin Mincer
Start Date May 17
Deadline
Keywords SBIR, STTR, iCORPS
Primary Billing
Notes
Has project status Active
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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;
  • (2) to increase private sector commercialization of innovations;
  • (3) to use small business to meet federal research and development needs; and
  • (4) to foster and encourage participation by minority and disadvantaged persons in technological innovation

11 federal agencies meet requirements for providing SBIR funding (see funding structure) The Participating agencies are:

  • Department of Agriculture
  • Department of Commerce - National Institute of Standards and Technology

- National Oceanic and Atmospheric Administration

  • Department of Defense
  • Department of Education
  • Department of Energy
  • Department of Health and Human Services
  • Department of Homeland Security
  • Department of Transportation
  • Environmental Protection Agency
  • National Aeronautics and Space Administration
  • National Science Foundation

The Small Business Technology Transfer (STTR) program was established in 1992. 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):

  • Department of Defense
  • Department of Energy
  • Department of Health and Human Services
  • National Aeronautics and Space Administration
  • National Science Foundation

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 agencies with extramural R&D budget of >$100 million to set aside a funds (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 to set aside 0.3% of their extramural budget.

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.

Oversight

The Small Business Association (SBA) is responsible for establishing the policies and procedures. SBA is required to submit a report to Congress on program performance.

Useful Links

Some useful links:

Ed found these: