SBIR/STTR Proposal Submissions are Now Open

NSF boosts funding amounts for SBIR/STTR Phase I and Phase II programs to better support the nation's innovation and entrepreneurship community.

The U.S. National Science Foundation has released new funding opportunities for its Small Business Innovation Research / Small Business Technology Transfer (SBIR/STTR) programs, increasing the maximum funding for SBIR/STTR Phase I awards to $305,000 and SBIR/STTR Phase II awards to $1,250,000 to further back development of the creative ideas coming from the nation's startups and small businesses. The SBIR/STTR program, also known as America's Seed Fund powered by NSF, provide non-dilutive funding for startups to develop deep technologies into commercially viable products and services with positive societal impact. The program focus on companies at the earliest stage of development; most are newly emerging from the private sector, federal labs and academia. These entrepreneurs are taking scientific and engineering breakthroughs and translating them into new generations of products and services that are commercialized into sustainable businesses.

Research Development hosted a Kick-off event for this opportunity, that recording can be found here!