WHAT IS THE NSF SBIR/STTR PROGRAM? Who We Are What We Do Grants That Go Beyond Funding Photo Credit: Graphene Frontiers, LLC Contact Us: 703.292.8050.

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Presentation transcript:

WHAT IS THE NSF SBIR/STTR PROGRAM? Who We Are What We Do Grants That Go Beyond Funding Photo Credit: Graphene Frontiers, LLC Contact Us:

The National Science Foundation is: A federal agency that supports fundamental research and education across all fields of science and engineering, currently with a $7 billion budget. NSF Small Business Innovation Research / Small Business Technology Transfer is: An approximately $170 million program that catalyzes the commercialization of high-risk technological innovations via research and development (R&D) grants to startups and other small businesses. The NSF SBIR/STTR program funds roughly 400 companies each year. Who We Are

Must be a technologically advanced or innovative product that isn’t an already existing product or process Must satisfy a significant, validated market need Proposals in all areas of engineering and science and related education are welcome NSF SBIR/STTR assists startups and small businesses with technologies that require additional R&D towards successful commercialization.

Grants are given in phases: a short proof-of-concept / feasibility grant (up to $225k) can potentially be followed by a longer development grant (up to $750k). Recipients receive training in key business areas and mentorship from seasoned Program Directors Connection to other small companies performing innovative R&D Winning an SBIR/STTR award signals success to investors, partners and customers Submission deadlines in June and December! Grants That Go Beyond Funding