The National Institute for Health (NIH), Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, also known as America’s Seed Fund, are one of the largest sources of early-stage capital for technology commercialization in the United States. These programs allow US-owned and operated small businesses to engage in federal research and development that has a strong potential for commercialization
Terms & Qualifications:
- Provides funding to small science and technology-based businesses. Funding is primarily used for research and development projects
- Projects that focus on technologies which address the sponsoring agency’s interests and have commercial application receive higher priority for funding
- Eligible companies must be 51% owned and controlled by individuals who are U.S. citizens or permanent resident aliens
- Eligible companies must be small businesses with no more than 500 employees, including affiliates
- Funding is distributed based on a three phase application process
Program Administrator:
U.S. Department of Health & Human Services, National Institutes of Health (NIH)