About
The Small Business Innovation Research Program aims to encourage domestic small businesses to engage in R&D activities that have the potential for commercialization. This program aims to promote scientific and technological innovation through incentives for eligible projects.
The program is structured in three phases:
- Phase 1 is to establish the technical merit, evaluate the feasibility of the project and commercial potential. The award for Phase 1 normally does not exceed $150,000 in total over a 6 months period;
- Phase 2 is to continue and develop the project in Phase 1 further. Funding depends on the success and results achieved in Phase 1. This award is only eligible for Phase 1 awardees. The total cost normally does not exceed $1,000,000 over a 2 year period;
- Phase 3 is to pursue the commercialization of a successful R&D project. There is no funding from the Small Business Innovation Research Program for Phase 3 however other federal agencies may have incentives. Phase 3 may involve activities such as production contraction or subsequent follow-ups on the project developed in Phase 1 &2.
Eligibility
Small domestic businesses that engage in eligible federal research and development projects that may have commercialization value.
Available Funding
The award for Phase 1 is up to $150,000 in total over a 6 months period for eligible applicants. The award for Phase 2 is up to $1,000,000 over a 2 year period. The dollar amounts for the awards are adjusted for inflation. More information is available on the SBIR website.
For more information on your business’s eligibility, contact us here.
