Small Business Innovation Research Program (SBIR) and Small Business Technology Transfer Program (STTR) grants are government funded public/private partnership opportunities available through each of the 26 Federal agencies that sponsor research.
In some circumstances, it may be appropriate and desirable for a small business to fund, research at a faculty member’s lab at UC Davis. In which case, SBIR/STTR funding may be advantageous. The SBIR or STTR programs, which provide small business funding to take technologies to commercialization, may be joined with company funding to provide greater financial resources for ongoing research. Such a situation, however, also raises the potential for conflict of interest for the faculty researcher / entrepreneur and will bring into effect the policies and requirements of the Disclosure of Financial Interest in Private Sponsors of Research.
SBIR is a highly competitive program that encourages small business to explore their technological potential and provides the incentive to profit from its commercialization. By including qualified small businesses in the nation’s R&D arena, high-tech innovation is stimulated and the United States gains entrepreneurial spirit as it meets its specific research and development needs.
STTR is an important small business program that expands funding opportunities in the federal innovation research and development arena. Central to the program is expansion of the public/private sector partnership to include the joint venture opportunities for small business and the nation’s premier nonprofit research institutions. STTR’s most important role is to foster the innovation necessary to meet the nation’s scientific and technological challenges in the 21st century.