*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
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.