Partners play a critical role in transitioning advanced technologies from SBIR/STTR funded programs to the commercial market. Historically, small businesses are 50% more likely to successfully commercialize the technology if they begin building partnerships early – during development; pre-productization. Partnering with an SBIR/STTR funded small business provides you with immediate access to innovative, advanced technologies that have already been vetted having been through a competitive award process. These companies have received at least $1M in Phase II SBIR/STTR funding to continue development of technology that was proven feasible during Phase I.
To understand the vetting process, keep in mind that ≈1000 applicants apply during each Phase I release and ≈260 applicants apply during each Phase II release. From these applicant pools, DOE awards about $300M in grants annually – roughly 350-400 Phase I awards (20% award rate) and 160-200 Phase II awards (40% award rate). Awards are issued to the highest ranked, most technically meritorious applications.
SBIR/STTR Phase II companies are developing cutting-edge technologies that can help you reach your company’s net-zero and sustainability goals. Many are disruptive looking to enter emerging markets. Technologies span research areas that support the DOE mission and support these industry sectors:
- Advanced Computing, Quantum Information & Artificial Intelligence
- Advanced Instrumentation, Sensors & Microelectronics
- Advanced Materials & Manufacturing
- Healthcare & Life Science
- Nuclear Nonproliferation
- Transportation
- Utilities & Environmental Technologies
Register to access 1000+, competitively vetted, cutting-edge TECHNOLOGIES!