This course provides insight into the SBA Small Business Innovation Research (SBIR) Program and Small Business Technology Transfer (STTR) Program regulations, common SBIR/STTR myths, and how to develop effective strategies to protect and optimize an SBIR and STTR participant’s rights, values and wealth under the SBIR & STTR programs.
The SBIR program was established under the Small Business Innovation Development Act of 1982 (P.L. 97-219) with the purpose of strengthening the role of innovative small business concerns in federally funded research and development (R&D). Modeled after the SBIR Program, the STTR program was initially established as a pilot program by the Small Business Technology Transfer Act of 1992 (Public Law 102-564, Title II). The goal of the STTR Program is to facilitate the transfer of technology developed by a research institution through the entrepreneurship of a small business concern.
Despite being touted as two of SBA’s most successful small business programs, the SBIR and STTR programs’ unique rules, regulations, and data rights provisions are not well understood by small businesses and some participating federal agencies. Forty years after the inception of the SBIR program, these small business set-aside programs still struggle against ignorance, indifference, and outright opposition.
You will learn how SBA’s SBIR and STTR policies differ from other government contracting regulations and, more importantly, how to address the government’s misinterpretations and reluctance to take advantage of SBIR/STTR program authorities.
Target Audience: Small businesses that want to pursue non-dilutive SBIR/STTR funding to help them complete the maturation and commercialization of their innovative technological solutions, products and/or services.