In order to be eligible for an STTR award, businesses must:
- Be American-owned and independently operated
- Be for-profit
- Have 500 or less employees
- Unlike the SBIR program, the principal researcher need not be employed by the company.
- Be located in the U.S.
- Be a nonprofit college or university research lab, a domestic nonprofit research organization or a federally funded research and development institution.
The STTR program is coordinated by the Small Business Administration.
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