Funding

The federally funded Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs encourage domestic small businesses to engage in research and development that has the potential for commercialization.  Competitive grants are made directly to the small business.  The two programs share the same three phases.

• Phase I is innovation and research to study the scientific merit and commercial viability of an innovation.
• Phase II is available to companies whose technology shows commercial promise during the Phase I study.
• In Phase III, which is not federally funded, the small business concern pursues commercialization based on its successful Phase I/II research and development activities. 

Working with SIUC and SIUSOM, SIUE’s Office of Research and Projects has launched a new webpage with information about SBIR/STTR funding.