Elevate Ventures: Exploring the SBIR/STTR Program for Early Stage Financing
February 20, 2018
Known as the “America’s Seed Fund,” the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs provide competitive access to R&D funds to stimulate technological innovation by small businesses in the US. The program can help startups and existing small businesses, interested in or performing research, by providing access to grant funds to support proof of concept and prototype development in Phase I. If successfully proven, with full development support in Phase II, successful technologies could move into the commercial market.