The SBIR and STTR Programs Provide Unique Opportunities to Small Businesses

The Small Business Innovation Research (SBIR) Program and its sibling, the Small Business Technology Transfer (STTR) program, are federal initiatives that provide over $2 billion in grants and contracts each  year to small and start-up companies to develop new or enhanced products and services based on  advanced technologies.

If you are into innovation research and the idea of bringing a new innovative product to market is of interest to you, you may want to learn more about the Small Business Innovation Research (SBIR) program. This program is designed specifically for small businesses (or start ups) that are able to bring a particular expertise or solution to a current challenge faced by one of eleven different federal agencies.

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