| Services:
Small Business Innovation Research
(SBIR) and the Small Business Technology
Transfer (STTR)
The consultants work closely with local
and regional economic
development funding agencies, commercial lenders, Commonwealth
of Pennsylvania funding programs and the U.S. Small Business
Administration funding programs throughout the region. In
addition to working
with businesses to obtain funding through normal financing
avenues, the
SBDC offers access to alternative funding sources through
the Small
Business Innovation Research (SBIR) and Small Business Technology
Transfer (STTR) Programs.
The Small Business Innovation Research (SBIR) Program
The SBIR program is a highly competitive
three-phase award program that
provides qualified small businesses with opportunities to
propose innovative
ideas that meet specific research and development needs of
the federal
government. Under a set aside program established by the Small
Business
Innovation Development Act, federal agencies with extramural
R&D budgets
exceeding $100 million annually allocate a percentage of their
budgets
exclusively for small businesses.
More on SBIR
The Small Business Technology Transfer
Program (STTR)
The STTR program fosters innovation necessary
to meet the nation's
scientific and technological challenges of the future. The
STTR program
requires small businesses to work jointly with a non-profit
research
institution, such as federally funded research and development
centers
(FFDRCs), universities, and university-affiliated hospitals.
Like the SBIR,
the STTR is a three-phase program.
More on STTR
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