Small Business Innovation Research Program (SBIR)
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 reserving a specific percentage of federal R&D funds for small business, SBIR protects the small business and enables it to compete on the same level as larger businesses. SBIR funds the critical startup and development stages and it encourages the commercialization of a technology, product, or service, which, in turn, stimulates the U.S. economy. For more information, click here.