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SBIR/STTR Programs: Free Money or an Invitation to Governmental Bureaucracy

As an attorney who works with several technology-based companies, I frequently receive questions about how to obtain outside financing. One source that is often overlooked is government funding through the federal Small Business Innovation Research (SBIR)/Small Business Technology Transfer (STTR) programs. While I do not provide clients with assistance concerning SBIR/STTR applications, I freque......

Full article >>> at least 51% owned by individuals, which precludes many venture-backed companies in which the venture capitalist(s) own a majority of the voting stock.

One burdensome obligation to note about the SBIR/STTR programs is that to receive funding under many of the solicitations, a company must have a good accounting system in place to comply with the various requirements of the given agency.......

Full article >>> g and evaluating a companys complex technology.

Finally, there are a wide variety of SBIR/STTR solicitations available out there concerning different technologies, everything from the bio-defense initiatives announced by the NIH, to the contracts awarded by the Department of the Air Force concerning aeropropulsion and power technology. A searchable database for open solicitations can be ......

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Source:wistechnology.com By Matt Storms 11/19/03


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