Webopedia on Google+Webopedia on TwitterWebopedia on FacebookTech Bytes Blog
Main » TERM » S »

SBIR

Short for the Small Business Innovation Research program, a federal program that awards research and development funds to small businesses to encourage them to explore their technological potential and innovate new technologies that will be made commercially available to the public. The program is meant to help small businesses compete with large enterprises that have more resources for research and development and subsequently stimulate the U.S. economy by encouraging the development and commercialization of new technologies.

In order to be eligible for a SBIR award, businesses must:

  • Be American-owned and independently operated
  • Be for-profit
  • Employ the principal researcher of the technology being developed
  • Have 500 or less employees
The SBIR program occurs in three stages. First, federal money is awarded to the company for research into the merit of the technology. Second, additional money is awarded for the development of the technology. The third step is commercializing the new technology, which the company must fund without any federal awards.

The SBIR program is coordinated by the Small Business Administration.

Compare with STTR.







TECH RESOURCES FROM OUR PARTNERS
DID YOU KNOW?
Keeping Data Secure Is Tougher than Ever

If hackers get their hands on your company's data, they can wreak havoc on customer relationships and cause tremendous damage to your brand and... Read More »

Windows XP: Move Along, There's Nothing to See Here

After more than 12 years of holding the title of most popular operating system in the world, Windows XP is taking center stage for its final... Read More »

Report: The Role of Big Data in the Marketing Industry

According to a new study from Infogroup Targeting Solutions, we can expect to see companies spend heavily on big data marketing initiatives in... Read More »

QUICK REFERENCE
How to Create a Desktop Shortcut to a Website

Creating desktop shortcuts to a websites is useful. When you double-click the icon from your desktop it automatically launches the browser and... Read More »

Flash Data Storage Vendor Trends

Although it is almost impossible to keep up with the pace of ongoing product releases, here are three recent highlights in the flash data storage... Read More »

15 Important Big Data Facts for IT Professionals

Keeping track of big data trends, research and statistics gives IT professionals  a solid foundation to plan big data projects. Here are 15... Read More »