Wed, Jun 14|
(Webinar) -SBIR/STTR Program Overview
The Small Business Innovation Research Program (SBIR) & the Small Business Technology Transfer Program (ISTTR are sometimes referred to a the Nation's largest source of early stage/high risk funding for start-ups & small businesses. Speaker: Alan Apple of The Apple Law Firm, PLLC.
Time & Location
Jun 14, 10:00 AM – 11:00 AM CDT
About the event
Join us to learn valuable information presented by Alan Apple of The Apple Law Firm, PLLC. Apple Law. He helps companies GET READY and succeed in Government contracts. Broad-based background in Government contracts that includes providing advice and counsel on Goverment Acquisitions of all sizes, scopes, and magnitudes. Skilled in legal writing, problem-solving, and resolving complex acuisition-related issues. Education includes a Master's Degree focused in Military Law with a specialization in Goverment Contract and Fiscal Law from The Judge Advocate General's Legal Center and School.
To be eligible for SBIR/STTR, the small business must be American-owned, organized as for-profit-entity, and have less than 500 employees.
The four goals of the SBIR program are to:
- Stimulate technological innovation
- Use small business to meet Federal R/R&D needs
- Foster and encourage participation by the socially and economically disadvantaged small businesses and those that are 51 percent owned and controlled by women, in technological innovation
- Increase private sector commercialization of innovations derived from Federal R/R&D, thereby increasing competition, productivity, and economic growth
Since the SBIR program started in 1982, the emphasis and framing of the program has varied. For example, the program was modified to require evaluation of commercial potential in Phase I and Phase II applications.
- The program is also occasionally framed as seed capital for early-stage R&D with commercialization potential:The awards are comparable in size to angel investments in the private sector and indicate the acceptance of greater risk in support of agency mission
- The Small Business Technology Transfer program, or STTR, came later and was modeled after the SBIR program. Its goal, however, is to facilitate the transfer of technology developed by a research institution through the entrepreneurship of a small business concern (SBC). Research institutions include universities and Federally Funded Research and Development Centers, also referred to as FFRDCs. It is important to keep in mind that the applicant for an STTR award is always the small business.