The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs stimulate technological innovation and provide opportunities for Indiana small businesses to participate in federally funded research and development programs.
After more than two decades of existence, the SBIR program has established itself as one of the most effective technology programs administered by the federal government. SBIR/STTR programs are highly competitive and encourage small businesses to explore their technological potential. SBIR/STTR funding is available from 11 participating agencies throughout the United States and focus on various technological areas.
The 21st Century Research and Technology Fund, an office of the IEDC, oversees the mission of the program – to help Indiana businesses compete for and win federal funding. Additionally, the IEDC SBIR/STTR initiative is committed to assisting Indiana businesses in the commercialization of their prototypes and understands the impact that these companies can have on the economy. This, coupled with the matching program, will provide Indiana companies with the fuel needed to excel in the SBIR/STTR programs.
The IEDC SBIR initiative has structured several significant services to assist with the expansion of high technology business in Indiana.
Small Business Innovation Research Initiative