SBIR,STTR and RAMP
The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs are highly competitive programs that encourage domestic small businesses to engage in Federal Research/Research and Development (R/R&D) with the potential for commercialization. Through a competitive awards-based program, SBIR and STTR enable small businesses to explore their technological potential and provide the incentive to profit from its commercialization. By including qualified small businesses in the nation’s R&D arena, high-tech innovation is stimulated, and the United States gains entrepreneurial spirit as it meets its specific research and development needs.
Central to the STTR program is the partnership between small businesses and nonprofit research institutions. The STTR program requires the small business to formally collaborate with a research institution in Phase I and Phase II. STTR’s most important role is to bridge the gap between performance of basic science and commercialization of resulting innovations.
The Research Award Match Program (RAMP)
The Richardson Research Award Match Program, or RAMP, is a pilot program which complements the federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs.
RAMP funds are available to all research-focused, for-profit, privately-owned small businesses that:
- Have already been awarded a Phase I or Phase II SBIR or STTR grant, and
- Are currently located in Richardson, or
- Are committed to relocating to Richardson for a minimum of five years after receiving funds.
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