In this video, Dr. Michael Weatherly of Frontier Technology, Inc. discusses the Small Business Innovation Research (SBIR) Program. The SBIR program creates a partnership between government and industry to develop innovative solutions to challenges.
Through a competitive awards-based program, SBIR enables small businesses to explore their technological potential and provides the incentive to profit from its commercialization.
The SBIR program contains three phases:
- Phase 1 – Feasibility study
- Phase 2 – Prototype development
- Phase 3 – Commercialization
To learn more about the SBIR program, its benefits, and how to get involved, watch this video!