Understanding the Small Business Innovation Research (SBIR) Program
November 2, 2016
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!