Process
SBIR
Small Business Innovation Research
Definition
SBIR (Small Business Innovation Research) is a three-phase competitive program: Phase I (feasibility, ~$150K, 6 months), Phase II (development, ~$1M, 2 years), Phase III (commercialization, no SBIR funding — uses other federal or private funding). Federal agencies with $100M+ extramural R&D budgets must allocate 3.2% to SBIR. Phase III contracts are sole-source and have no dollar limit.
Related Terms
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