
SBIR/STTR: Small Business Innovation Research/Small Business Technology Transfer
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SBIR (Small Business Innovation Research): A program that encourages domestic small businesses to engage in federal R&D with the potential for commercialization. Collaboration with research institutions is allowed but optional
STTR (Small Business Technology Transfer): A sister program that expands funding by requiring small businesses to formally collaborate with a non-profit research institution (such as a university or federal laboratory) to bridge the gap between basic laboratory research and commercial the market