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SBIR:STTR Funding – SBIR:STTR Funding In Connecticut In 2020

Overview of SBIR and STTR

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.

Amount of Funding Provided

Amount of funding given overall Nationwide:

SBIR: approximately $3.2 billion minimum funding distributed per year
STTR: approximately $450 million minimum funding distributed per year

Size of each award:

The amount of each award is based on the Phase of the Research.

Phase I: establishes technical merit, feasibility, and commercial potential

Awards: $50,000 - $250,000 for 6 months (SBIR) or 1 year (STTR)

Phase II: continued efforts of Phase I

Awards: $750,000 for 2 years (SBIR and STTR)

Phase III: Commercialization by the small business based on Phase I/II (where appropriate).

No funding/awards through SBIR/STTR. There can be non-SBIR/STTR funding or government contracts.

Intellectual Property and SBIR/STTR

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.

SBIR/STTR in Connecticut

Amount of funding for small businesses in Connecticut in 2020:

SBIR: approximately $35 million provided to CT based small businesses in 2020
STTR: approximately $4 million provided to CT based small businesses in 2020

72 individual awards were provided to CT based small businesses in 2020

Breakdown of funding for small businesses in Connecticut in 2020:

37 Different companies based in CT received SBIR or STTR awards in 2020

$4.3 million – was the largest individual award in 2020
$49,000 – was the smallest individual award in 2020

11 individual awards were for more than $1 million

Some of the highest recipients included:

Company A: 17 individual awards for a total of $8.7 million
Company B: 7 individual awards for a total of $7.3 million

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