SBIR vs STTR

SBIR vs. STTR: If you are participating in the SBIR program you may also want to consider participating in the Small Business Technology Transfer (STTR) Program. The STTR program is considered SBIR's twin sister, although there are some added hoops one must jump through in order to participate. Like SBIR, the STTR is the US Government's way of providing "seed" money to spawn technology growth. The key difference however is in the structure of the effort, whereas a small business must partner (via a subcontract) to a university or non-profit research institution in order to acquire STTR funding.

In addition, under the SBIR Program, the Principal Investigator must have his/her primary employment with the small business concern at the time of award and for the duration of the project period. However, under the STTR Program, primary employment is not stipulated. At least 40 percent of the STTR research project is to be conducted by the small business concern and at least 30 percent of the work is to be conducted by the single, "partnering" research institution. Although this additional business structure (the partnership via a subcontract) requires more strategic and administrative burden on the proposal team, many SBIR winners find the STTR program to nicely align with their SBIR efforts.

Lisa DeMaio is the president and founder of Virtual Contract Manager, LLC, which is a one-stop "information shop" for and about the Contract Management Community and the SBIR (Small Business Innovative Research) Program. Let Virtual Contract Manager coach you on how to integrate the SBIR program into your existing business. Come visit Virtual Contract Manager and get a wealth of FREE SBIR information on our Free Articles Page and to sign up for our content-rich monthly newsletter which features one article a month on the SBIR program. Let Virtual Contract Manager help you tap the federal market and help fund your research or innovative technology. http://www.virtualcontractmanager.com/

---

Self Serve Car Washes in the United States

In the 2003 Auto Laundry News Survey it was determined... Read More

How to Protect Yourself & Your Business

As a business owner, you already know how important it... Read More

The Hidden Treasure in Your Business

I started working with another new client last week. He... Read More

Share Ad Expenses to Boost Profits

The challenges of the small business owner are well documented.... Read More

Perfecting Your Pitch

Why should you describe your business to others in 5... Read More

There Is Security in Change... But Use Caution

It has been said that the only constant is change.... Read More

S Corporation ? What Is It?

For many small businesses, the "S" corporation is the business... Read More

A Day in the Life of a Self Employed Professional

It's Monday morning and Connie the Consultant sits in her... Read More

Home Based Franchise Case Study

Here is an interesting case study of a company, which... Read More

Do You Need the Help of a Virtual Assistant?

Running a business, whether large, small or in your home,... Read More

Asphalt Paving: Striping Your Parking Lot

As you may already know, asphalt paved parking lots do... Read More

Arranging Your Fundraiser

When deciding to host a fundraiser for your company or... Read More

11 Benefits of Starting a House Cleaning Business

One of the biggest fears people have about starting a... Read More

Shocking Experienced Copywriter Reveals Little-known Secrets To Closing BIG Ticket Deals!

Hogwash!That's what I say to people who tell me that... Read More

20 Great Ways to Market Your Business Locally

Whether your target audience is in your neighborhood or across... Read More

Why Does a Business Fail and What Can You Do to Stop It?

I believe the number one reason why a business will... Read More

Procrastinate Your Way To A Successful Small Business

What will your business look like a year from today?If... Read More

Increase Sales in Your Home Business With These 10 Simple Ideas

Every home business has the same problem of how to... Read More

Asking the RIGHT Questions

Which questions do you need to ask to even get... Read More

Over Disclosure Hurts Businesses

Many investors and business ethics professionals are calling for more... Read More

Understanding Franchise Releationships in a Franchised Business

Now that you have invested your time, energy and money... Read More

Tell Me a Story: A Simple But Powerful Tool to Build Your Business

Everyone loves a good story. Whether it's the story of... Read More

ADH Will Make Your Life More Productive & Your Life More Profitable

What is a Virtual Assistant?? A Virtual Assistant is that... Read More

How to Profile a Client

At first glance, this topic may seem a little repetitive,... Read More

Why The Carwash Industry is Stagnant; What You Can Do to Change Your Field

Many years ago, I had warned the carwash industry of... Read More

Secrets Revealed To Having The Most Professional Staff On The Telephone!

Do you have all the customers your business can use?The... Read More

5 Small Business Management Questions to Help Choose Marketing Programs

As small business managers, we juggle limited resources in a... Read More

How the Crab Effect Obstructs Growth and How to Conquer It

Some of the greatest words of wisdom for any man... Read More

The Business Autopsy: A Fact Of Life

Last week we discussed the importance of performing an autopsy... Read More

Dont Wait - Sell The Future Now!

Just as you are about to say "good-bye" to your... Read More

How to Create an Employee Manual

Large corporations use employee manuals to both educate employees about... Read More

Where To Get Money For a Franchise Idea

How often have you thumbed through a business opportunity magazine,... Read More

A Look at Incorporating a Business in Florida

As you may know, there are many ways to incorporate... Read More