01:00 PM - 02:00 PM
The Small Business Innovation Research (SBIR) & Small Business Technology Transfer (STTR) programs provide critical early stage funding for high risk technology development. Over $2.5B is available each year from 11 federal agencies. Called "America's Seed Fund", SBIR/STTR represents 25% of all funding available for small early stage tech firms. Grants of $150K to $1.5M allow feasibility to be proved and product development and testing to begin, with a goal towards commercialization.