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“Is the SBIR/STTR Road Tour Program Right for you?

Is the SBIR/STTR Road Tour Program Right for you?

SBIR and STTR are considered by many to be the best source of early-stage risk capital to develop a promising new technology and the closest thing to the entrepreneur’s holy grail of free money. Over a period of roughly 4 years, in two competitive phases, small science and technology-based research and development (R&D) businesses can receive up to $1,725,000, and under special circumstances more. There are no loans to be repaid, no equity is given away and the small business maintains control of the intellectual property. However, the research must be in an area that is important to the participating federal government R&D agencies or solves one of their science and technology problems.

If you would like to learn more about SBIR/STTR, watch the videos below.

Once you decide that SBIR/STTR may be worth pursuing, your biggest challenge is identifying solicitations and topics that may fit your technology or core technical competencies. The short article on topic searching linked below will prepare you to search current open and past closed solicitations to see which agencies are or have been interested in sponsoring research in your product/technology area in the past.