SBIR Vital Statistics
Small Business Innovation Development Act 1982 - 2000
R&D money set aside for high-risk, high-payoff research conducted by small, for-profit firms ( employees)
Phase I awards typically $50,000 - $75,000 for feasibility study
Phase II awards up to $750,000 for prototype development
“Phase III” to be funded by non-SBIR private or government money for commercialization
Most patent rights go to small firm
Broad range of topics offered