Greater New York Chamber of Commerce 212-CHAMBER

Spotlight Event - April 24, 2025

Networking Reception at State Bar & Grill in the Empire State Building, 5:00 pm -Thursday

Grants for R&D – SBIR and STTR Programs

This U.S. Small Business Administration (SBA) presentation provides an in-depth overview of two key federal funding programs designed to support research and development for small businesses: the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs.

The presentation outlines how these highly competitive programs encourage domestic small businesses to engage in federal R&D with the potential for commercialization. Participants are introduced to the structure, eligibility requirements, and application process for both programs, as well as tips for crafting a strong proposal.

Key highlights include:

  • Differences and similarities between SBIR and STTR programs
  • Phase I (proof of concept), Phase II (R&D and prototyping), and Phase III (commercialization) stages
  • The role of research institutions in STTR partnerships
  • Participating federal agencies and available funding opportunities
  • Best practices for applying and managing awarded grants

This session aims to empower entrepreneurs, researchers, and small business owners with the knowledge and resources needed to leverage federal R&D grants to bring innovative ideas to market and grow their businesses.

To presentation is on Chamber TV.