Small Business Loans & Grants!

Small Business Grants

The Small Business Innovation Research (SBIR) Program provides up to $850,000 in early-stage R&D funding directly to small technology companies (or individual entrepreneurs who form a company).

The Small Business Innovation Research (SBIR) Program provides up to $600,000 in early-stage R&D funding directly to small companies working cooperatively with researchers at universities and other research institutions.

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Small Business Innovation Research (SBIR)
Federal agencies with extramural research and development budgets over $100 million are required to administer SBIR programs using an annual set-aside of 2.5% for small companies to conduct innovative research or research and development (R/R&D) that has potential for commercialization and public benefit.

Currently, ten Federal agencies participate in the SBIR program:

- Departments of Health and Human Services (DHHS),
- Agriculture (USDA), Commerce (DOC),
- Defense (DOD),
- Education (DoED),
- Energy (DOE),
- Transportation (DOT);
- Environmental Protection Agency (EPA),
- National Aeronautics and Space Administration (NASA),
- National Science Foundation (NSF).

To date, over $10 billion has been awarded by the SBIR program to various small businesses.

Small Business Technology Transfer (STTR)
The STTR program was established by the Small Business Technology Transfer Act of 1992 (Public Law 102-564, Title II). The STTR program was established by the Small Business Technology Transfer Act of 1992 (Public Law 102-564, Title II), reauthorized until the year 2001 by the Small Business Reauthorization Act of 1997 (P.L. 105-135), and reauthorized again until September 30, 2009, by the Small Business Technology Transfer Program Reauthorization Act of 2001 (P.L. 107-50).

Federal agencies with extramural R&D budgets over $1 billion are required to administer STTR programs using an annual set-aside of 0.15%. The set-aside will increase to 0.3% in 2004.

Currently, 5 Federal agencies participate in the STTR program:

- Defense (DOD)
- Energy (DOE),
- Departments of Health and Human Services (DHHS),
- National Aeronautics and Space Administration (NASA),
- National Science Foundation (NSF).

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