.png)
.svg){kind=small}
Before diving into the application process, it's crucial to understand what these grants are. Both SBIR and STTR are government programs designed to support scientific excellence and technological innovation among small businesses. The SBIR program focuses on enabling small businesses to engage in federal R&D with the potential for commercialization. In contrast, the STTR program emphasizes collaboration between small businesses and non-profit research institutions, aiming to bridge the gap between basic science and commercialization.
1. Determine Eligibility
First, ensure your business meets the eligibility criteria for either the SBIR or STTR program. This includes being a for-profit, privately-owned small business with 500 or fewer employees and having the principal investigator primarily employed by the business. For STTR, a formal partnership with a research institution is required.
2. Register Your Business
Before applying, you'll need to register your business with the System for Award Management (SAM), obtain a DUNS number, and register with the SBA's Company Registry. These steps are crucial for being recognized as a potential grantee.
3. Find a Solicitation
Both programs release solicitations or funding opportunities, annually or bi-annually. Review these solicitations on the official SBIR/STTR websites to find one that aligns with your project’s objectives.
4. Prepare Your Proposal
Crafting a compelling proposal is perhaps the most critical step. Your proposal should clearly articulate the innovation, its commercial potential, and how it addresses the solicitation's objectives. It should include a project description, budget, and details about the team's expertise.
5. Submit Your Proposal
Follow the submission guidelines carefully. Each agency may have its specific requirements and submission portal. Ensure all parts of your proposal are complete and submitted before the deadline.
6. Await Review and Selection
After submission, your proposal will undergo a review process, which may take several months. This process typically involves assessments by experts in the field to evaluate the proposal's technical merit, commercial potential, and alignment with agency needs.
7. Engage with the Agency
If selected, you'll enter into negotiations with the agency. This phase includes discussions about the budget, project scope, and any other administrative details.
Applying for SBIR and STTR grants offers small businesses a unique opportunity to fund innovation and move closer to commercialization. By understanding the process and meticulously preparing your application, your business can navigate this path successfully. Remember, the effort you put into your application can lead to not just funding but a significant leap forward for your business.
