For small business, the Small Business Innovation Research (SBIR) program and the Small Business Technology Transfer (STTR) program can be incredibly valuable. These highly competitive, 3-phase programs provide monies that allow your company to engage in federal research and development with the goal of commercialization. What’s unique about these programs is that, unlike typical government contracts where the government funds research and development, your company conducts targeted research and development, using federal dollars, and for a period of time, the government is restricted from disclosing such research to competitors and is the basis for sole source contract awards. This can provide a small business with a game changing competitive advantage.
I have assisted many small companies in understanding and leveraging the SBIR/STTR program to advance their businesses, including the innovative sale and licensing of SBIR Data Rights to a large prime contractor, which enabled the large prime to obtain sole source awards for the developed technology. When you need help understanding the SBIR/STTR program, or with a SBIR or STTR contract, you can be assured I will provide you with high-quality, relevant, and comprehensive legal advice at an affordable price.
I welcome you to contact me to discuss the SBIR/STTR program.