The Small Business Innovation and Research (SBIR) and Small Business Technology Transfer (STTR) programs provide highly specialized grants or contracts for small firms (less than 500 employees) to perform cutting-edge R&D that addresses the nation’s most critical scientific and engineering needs.   These needs span the technology spectrum — from aviation and agriculture to medicine and manufacturing.

Each year the federal government awards more than $2 billion to small high-technology businesses for innovative research that leads to commercialization of new products. As competition for these grants intensifies, the success rates have plummeted to less than 20% and the success rate for first time applicants is considerably lower.

Lisa Kurek, Managing Partner at BBCetc, provides you high-level overview of SBIR and STTR grants in this 8 minute video interview.

Lisa Kurek, Managing Partner
BBCetc

BBCetc  provides comprehensive assistance in developing and executing grant funding programs that meet the strategic goals and objectives of the client.  Ms. Kurek’s experience in the biomedical technology field is extensive. She spent 15 years in product development, sales, sales management, product management and business development within the industry. She has experience in large, publicly-held corporations as well as small entrepreneurial start-up companies. Ms. Kurek was an Ernst & Young Entrepreneur of the Year finalist in 2001. She holds Bachelor of Science and Master of Science degrees in Biomedical Engineering.