SBIR vs STTR > NetSparsh - Viral Content you Love & Share

Home
>
Small Business
>
SBIR vs STTR

SBIR vs STTR

SBIR vs. STTR: If you are participating in the SBIR program you may also want to consider participating in the Small Business Technology Transfer (STTR) Program. The STTR program is considered SBIR's twin sister, although there are some added hoops one must jump through in order to participate. Like SBIR, the STTR is the US Government's way of providing "seed" money to spawn technology growth. The key difference however is in the structure of the effort, whereas a small business must partner (via a subcontract) to a university or non-profit research institution in order to acquire STTR funding.

In addition, under the SBIR Program, the Principal Investigator must have his/her primary employment with the small business concern at the time of award and for the duration of the project period. However, under the STTR Program, primary employment is not stipulated. At least 40 percent of the STTR research project is to be conducted by the small business concern and at least 30 percent of the work is to be conducted by the single, "partnering" research institution. Although this additional business structure (the partnership via a subcontract) requires more strategic and administrative burden on the proposal team, many SBIR winners find the STTR program to nicely align with their SBIR efforts.

Lisa DeMaio is the president and founder of Virtual Contract Manager, LLC, which is a one-stop "information shop" for and about the Contract Management Community and the SBIR (Small Business Innovative Research) Program. Let Virtual Contract Manager coach you on how to integrate the SBIR program into your existing business. Come visit Virtual Contract Manager and get a wealth of FREE SBIR information on our Free Articles Page and to sign up for our content-rich monthly newsletter which features one article a month on the SBIR program. Let Virtual Contract Manager help you tap the federal market and help fund your research or innovative technology. http://www.virtualcontractmanager.com/

In The News:

For Small Business, Success Needs a New Recipe - Samsung US Newsroom Samsung Newsroom US

US small business rescue leaves trail of confusion Financial Times

How Hotel Chains Got a Slice of Government Aid for Small Businesses ProPublica

Experienced Small Business Owner Releases Informative New Book to Help Other Small Businesses Succeed During These Times of Uncertainty GlobeNewswire

Changes small business can make now to strengthen for the future - San Francisco Business Times San Francisco Business Times

Next Insurance Unveils Two New Products for Small Business Commercial Auto Coverage Small Business Trends

Applications accepted for second round of small business COVID grants bedfordgazette.com

As the coronavirus pandemic hammers small business, startups learn to adapt quickly NBC News

Applications open for new small business grants in Prince George’s Co. WTOP

Nearly Half of Small Businesses Need Additional Help from Feds Cleveland Scene

As predicted, Amazon passes on 2% sales tax onto small businesses http://smallbusiness.co.uk