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STTR (Small Business Technology Transfer)

Introduction

In the realm of government contracting, understanding the acronyms and terms used can be challenging. One important program that supports innovation and collaboration between small businesses and research institutions is the Small Business Technology Transfer, or STTR. This blog will break down what STTR is, how it functions, and its significance for small businesses looking to engage with government contracts.

Definition

STTR (Small Business Technology Transfer Program) is a federal program that promotes technology transfer between small businesses and research institutions by funding joint ventures to develop innovative technologies. It aims to bridge the gap between basic research and commercial applications by facilitating collaborations that leverage the strengths of both parties.

Key Features of STTR:

  • Collaboration: Encourages partnerships between small businesses and nonprofit research institutions.
  • Funding Levels: Provides substantial funding in three phases for research and development.
  • Eligibility: Small businesses must meet certain criteria to participate.

Examples

To better grasp how STTR works, here are a few examples:

  1. Phase I Grant: A small technology firm partners with a university to develop a prototype for a new medical device. They receive a Phase I STTR grant of up to $150,000 to assess feasibility.

  2. Phase II Funding: After a successful Phase I, the same firm applies for Phase II funding, securing a grant of up to $1 million to further develop and test the prototype before moving towards commercialization.

  3. Successful Commercialization: The firm successfully collaborates with the research institution to develop the prototype into a market-ready product, leading to increased sales and job creation.

Frequently Asked Questions

What is the goal of the STTR program?

The goal of the STTR program is to foster technological innovation and support the commercialization of research through partnerships between small businesses and research institutions.

Who is eligible to apply for STTR?

To be eligible, a small business must:

  • Be independently owned and operated,
  • Have 500 or fewer employees,
  • Be organized for profit, and
  • Conduct a minimum of 40% of the STTR project work with a research institution.

How do I apply for an STTR grant?

Small businesses can apply for STTR grants through federal agencies that participate in the STTR program, such as the Department of Defense (DoD) or the National Institutes of Health (NIH). They must submit a proposal detailing their project, partnership, and commercialization plan.

What are the benefits of STTR?

  • Access to funding for research and development.
  • Opportunities for collaboration with leading research institutions.
  • Potential for developing commercially viable technologies.
  • Increased visibility and credibility in the marketplace.

Conclusion

The Small Business Technology Transfer (STTR) program plays a crucial role in promoting innovation and facilitating the transition from research to marketable products. By supporting collaboration between small businesses and research institutions, STTR not only drives technological advancement but also contributes to economic growth and job creation in the United States. For small businesses looking to explore government contracting options, understanding and leveraging the STTR program can be an excellent step forward in their growth journey.