WHAT IS THE NSF SBIR/STTR PROGRAM? Who We Are What We Do Grants That Go Beyond Funding Photo Credit:...
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Transcript of WHAT IS THE NSF SBIR/STTR PROGRAM? Who We Are What We Do Grants That Go Beyond Funding Photo Credit:...
WHAT IS THE NSF SBIR/STTR PROGRAM?
• Who We Are• What We Do• Grants That Go
Beyond Funding
Photo Credit: Graphene Frontiers, LLC
Contact Us: [email protected]/eng/iip/sbir@NSFInnovateSBIR
The National Science Foundation is:• A federal agency that supports fundamental research and
education across all fields of science and engineering, currently with a $7 billion budget.
NSF Small Business Innovation Research / Small Business Technology Transfer is:• An approximately $170 million program that catalyzes the
commercialization of high-risk technological innovations via research and development (R&D) grants to startups and other small businesses.
• The NSF SBIR/STTR program funds roughly 400 companies each year.
Who We Are
• Must be a technologically advanced or innovative product that isn’t an already existing product or process
• Must satisfy a significant, validated market need• Proposals in all areas of engineering and science and
related education are welcome
NSF SBIR/STTR assists startups and small businesses with technologies that
require additional R&D towards successful commercialization.
• Grants are given in phases: a short proof-of-concept / feasibility grant (up to $225k) can potentially be followed by a longer development grant (up to $750k).
• Recipients receive training in key business areas and mentorship from seasoned Program Directors
• Connection to other small companies performing innovative R&D
• Winning an SBIR/STTR award signals success to investors, partners and customers
Submission deadlines in June and December!
Grants That Go Beyond Funding