SBIR-STTR program overview
Known as America’s Seed Fund, the Small Business Innovation Research (SBIR) / Small Business Technology Transfer Research (STTR) program is the nation’s largest source of early-stage/high-risk funding for startups and small businesses. The grants are available to U.S. for-profit small businesses with fewer than 500 employees.
The programs provide funding for some of the best early stage innovation ideas that are still too high-risk for private investors and venture capitalists. SBIR/STTR grants support high-tech research and development that can strengthen the economy and help the United States stay at the forefront of high-tech innovation.
SBIR is open to U.S., technology-based businesses with fewer than 500 employees.
STTR funds are allocated to promote public/private sector partnerships for joint venture opportunities with nonprofit research institutions, including universities such as University of Nevada, Reno. STTR’s most important role is to bridge the gap between the basic sciences and commercialization.