| How Can STTR Help Your Business? |
| The STTR program funds high-risk projects at the earliest stages of development, before companies can attract venture capital. Terms are favorable, and the companies and/or their research partners maintain the commercial rights to the intellectual property such as patents. |
| Is STTR For You? |
| (1) Is your company technology focused? (If not, can it be?)
(2) Can your company take advantage of technology that is readily available? If you answered yes to these questions, you may be a candidate for Phase I of the STTR program, and be eligible to apply for up to $100,000 grant from the Federal Government to explore and demonstrate the feasibility of technology that is already available from a federally sponsored research laboratory, a college, or university. And if the technology (that was obtained from a federally sponsored research lab, or college or university) proves to be feasible; and it can be used to either: (a) expand an existing business, (2) develop a new business, or (3) be licensed to another business, you may be a eligible to apply for Phase II of the STTR program. Phase II grants provides support of up to $750,000. And the funds are intended to be used to demonstrate the commercialization of the technology that resulted from the original idea or concept.
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