The SBIR and STTR
programs were created by Congress to leverage small businesses to advance innovation at federal agencies.
Virgin Islands SBIR and STTR
also go by "America's Seed Fund."
supports NASA's future missions into deep space and benefits the US economy.
More than a thousand startups nationwide applied for Phase I STTR
Pixelligent Technologies, a nanocomposite advanced materials manufacturer, has received grant funding worth USD2.15m from the Department of Energy SBIR program and the Department of Defense STTR
SBIR and STTR
projects require a technology transition plan, that specifies the "fiscal and transition commitment of participants in the transition stream to develop, deliver and integrate a technology/product into an acquisition program." It calls for a "seminal transition event," to test the technology in a mission environment before it can be used by the warfighter.
Specifically designed for high-risk projects with commercialization potential, SBIB and STTR
are proven federal programs offering small companies opportunities to engage in research and development that addresses specific needs.
Garrison said the new steel is one of the outcomes of a Small Business Technology Transfer (STTR
) programme, which was funded by the US Navy.
Mayo Clinic is the sponsored research institution in this STTR
Additionally, the MAR will be waived for up to five years during the term of a Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR
) grant for the development of the licensed technology;
The memorandum directs agencies to submit five-year plans for streamlining licensing negotiations and application processes for Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR
) grants to the Office of Management and Budget within 180 days.