Transcription of Leveraging America’s Seed Fund
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Leveraging America s Seed FundSmall Business innovation Research (SBIR)Small Business Technology Transfer (STTR)March We Work on America s Seed Fund Meet federal research and development needs Increase private-sector commercialization of innovation derived from federal research and development funding Stimulate technological innovation Foster and encourage participation in innovation and entrepreneurship by women and socially/economically disadvantaged individuals Foster technology transfer through cooperative R&D between small businesses and research institutions (STTR)GoalsSmall Business innovation Research (SBIR) of the extramural research budget for agencies with a budget greater than $100 M per year~$ billion minimum spend each yearSmall Business Technology Transfer (STTR) of the extramural research budget for agencies with a budget greater than $1B
→Increase private-sector commercialization of innovation derived from federal research and development funding →Stimulate technological innovation →Foster and encourage participation in innovation and entrepreneurship by women and socially/economically disadvantaged individuals →Foster technology transfer through cooperative R&D
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