From breakthrough medical devices to renewable energy solutions, your innovative technology could be the next big thing – and the SBIR/STTR program could help make it happen. But it’s not the most straightforward process to undertake. That’s why KU Innovation Park is hosting an SBIR/STTR boot camp on July 24-25. An application is required to participate, and space is limited. The deadline has been extended and applications are due by 5:00 p.m. on Friday, July 18.
The basics
The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs are U.S. government initiatives that provide funding to small businesses engaged in federal research and development (R&D) with strong commercialization potential. These programs aim to stimulate technological innovation, meet federal R&D needs, and encourage the participation of socially and economically disadvantaged individuals in technological innovation. The SBIR and STTR programs encompass a broad spectrum of technologies, including but not limited to:
- Health and biomedical innovations: Think medical devices, diagnostics, digital health solutions and pharmaceuticals.
- Defense and aerospace technologies: That includes advanced materials, cybersecurity and space exploration tools.
- Education and information technologies: This covers educational software, learning platforms and data analytics tools.
Each federal agency participating in the SBIR/STTR programs identifies specific R&D topics in their solicitations, reflecting their mission and priorities. For instance, the National Institutes of Health (NIH) focuses on health-related innovations, while the Department of Defense (DoD) emphasizes defense technologies.
Eligibility
To qualify for SBIR/STTR funding, a business must:
- Be a for-profit entity with a business location in the United States.
- Have no more than 500 employees, including affiliates.
- Be more than 50% directly owned and controlled by U.S. citizens or permanent residents.
See the full eligibility criteria here.
For STTR, the small business must partner with a U.S. research institution, such as a university or a nonprofit research organization.
Engaging with the SBIR and STTR programs can provide small businesses with critical funding to advance innovative technologies from concept to commercialization, contributing significantly to technological advancement and economic growth.
Apply by July 18
Led by Julie Assel, one of the region’s most accomplished grant writers, and supported by the KU Innovation Park team, this hands-on program will guide researchers in the KU community through the critical steps of preparing a strong SBIR/STTR grant application. Participants will benefit from group instruction and personalized coaching as they draft and refine key sections of their proposals.
By the end of the boot camp, attendees will have developed a solid working draft to kickstart their grant submission process.
Attendees should be able to attend both days of the boot camp – July 24 from 9 a.m. to 3 p.m. and July 25 from 9 a.m. to 2 p.m.