2009 National SBIR/STTR Conference (sbir2009)
Venue: John Asquaga\'s Nugget
|Event Date/Time: Nov 02, 2009||End Date/Time: Nov 05, 2009|
|Registration Date: Nov 02, 2009|
|Early Registration Date: Sep 15, 2009|
All federal agencies that invest at least $100 million into research and development must contribute a portion of that sum into the SBIR program, which is then awarded through grants to small businesses (currently up to $100,000 in Phase 1 and up to $750,000 in Phase 2). These awards are not tools to start businesses. Also, the government is not interested in partnering. Federal agencies are looking for small businesses to research and develop innovative products for them. More than 40 percent of SBIR funds are awarded to companies with 10 or fewer employees and much of the funding goes to companies with one to three employees. Nearly one third of the awards go to first-time winners every year.