Is SBIR/STTR Really Free Money?
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Is SBIR/STTR Really Free Money?

I have heard about SBIR/ STTR but don't know much about the two programs. How do they differ and is it really free money that you do not have to pay back? Does the government own the rights to your invention? How does this work?

1 Comment to Is SBIR/STTR Really Free Money?:

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Dean L on Monday, June 03, 2013 11:10 AM
Josiah, great questions. Yes the SBIR/ STTR programs are operated by the government agencies themselves to get research done by small business which provide them solutions for their problems and challenges. The program is in three phases. Phase one awards an be grants or contracts depending on the agency that needs the R&D. Phase one is usually six months and $150,000 to prove feasibility of your solution and Phase two is normally one to two years and $1 Million. The SBIR is a small business research money given to a small business. STTR is normally done in conjunction with a research institution or university. You own the rights to your invention, but the government has the right to buy the product without royalties, which is logical because it paid for the research up front..... The answer to your last questions is more complex because a great deal will depend on the specific agency that needs the R&D and all of them are similar but not the same. That's what people pay me for.
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