{"id":1143,"date":"2020-01-23T17:03:58","date_gmt":"2020-01-23T22:03:58","guid":{"rendered":"https:\/\/www.grantwatch.com\/blog\/?p=1143"},"modified":"2020-07-08T16:24:48","modified_gmt":"2020-07-08T20:24:48","slug":"small-business-technology-transfer-sttr","status":"publish","type":"post","link":"https:\/\/www.grantwatch.com\/grantnews\/small-business-technology-transfer-sttr\/","title":{"rendered":"Small Business Technology Transfer (STTR)"},"content":{"rendered":"\n

What is the Small Business Technology Transfer<\/strong>?<\/h2>\n\n\n\n

The Small Business Technology Transfer (STTR) Program is an initiative that is coordinated and monitored by the Small Business Administration (SBA<\/a>), to provide small businesses with greater access to funding in the federal innovation research and development arena. According to the SBA, the goal <\/p>\n\n\n\n

“is expansion of the public-private sector partnership to include the joint venture opportunities for small business and the nation’s premier nonprofit research institutions. STTR’s most important role is to foster the innovation necessary to meet the nation’s scientific and technological challenges in the 21st century.” <\/p><\/blockquote>\n\n\n\n

The STTR program is a cooperative research partnership between small business concerns and research institutions. It places emphasis on a company’s potential for commercial success. The program also requires that universities, federal laboratories, or nonprofit research centers team with businesses to get their product(s) into the marketplace. These research partnerships between small businesses and nonprofit institutions enable participants to combine entrepreneurial initiative and creativity with the expertise, equipment, and other assets of nonprofit research laboratories. <\/p>\n\n\n\n

How can an organization qualify for STTR?<\/h2>\n\n\n\n

In order to be considered for the STTR program, small businesses must meet several criteria including:<\/p>\n\n\n\n