Summary

  • Small Business Innovation Research (SBIR)/Small Business Technology Transfer (STTR) grants provide a valuable opportunity to receive non-diluting capital.
  • The process of applying for an SBIR/STTR grant has several steps and can take months to complete.
  • SBIR/STTR proposals take the form of typical grant proposals, except the former are shorter and have a lower requirement for preliminary data.
  • An academic entrepreneur should not expect to receive SBIR/STTR funding on their first attempt at a proposal.
  • There are several common pitfalls during the application process, and careful consideration of these issues can substantially improve an application.

Source: Elliot Stein, David Lee, and Nalaka Gooneratne, https://academicentrepreneurship.pubpub.org/pub/sbir-sttr-grants-application-guidance/release/2
Creative Commons License This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

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