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Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs are a funding program from the US federal government.
SBIR/STTR funding is an award based funding program, which provides money for US based small businesses to engage in research and development.
The amount of each award is based on the Phase of the Research.
Phase I: establishes technical merit, feasibility, and commercial potential
Phase II: continued efforts of Phase I
Phase III: Commercialization by the small business based on Phase I/II (where appropriate).
The data obtained during research under the SBIR/STTR is owned by the small business. The Government has a right to review the data for evaluation of the project and possible other applications, but the Government is under an obligation to keep the data private for not less than 20 years from the award date.
Breakdown of funding for small businesses in Connecticut in 2020:
Some of the highest recipients included:
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