The Importance of Small Business Innovation Research Fundingby Dr. Walt Warnick 09 Mar, 2011 in Technology
The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs were established to provide funding to stimulate technological innovation in small businesses to meet federal agency research and development needs. Under SBIR, federal agencies with large R&D budgets set aside a small fraction of their funding for competitions exclusively among small businesses. Each year, the DOE Office of Science sets aside 2.8% of its research budget for SBIR (2.5%) and STTR (.3%) awards. Small businesses that win SBIR awards keep the rights to any technology developed and are encouraged to commercialize the technology.
Established in 1947, the DOE Office of Scientific and Technical Information (OSTI) fulfills the agency’s responsibilities to collect, preserve and disseminate scientific and technical information (STI) emanating from DOE R&D activities. OSTI’s mission is to advance science and sustain creativity by making R&D findings available to DOE and other researchers and the public. OSTI is founded on the principle that science progresses only if knowledge is shared; furthermore, OSTI is animated by the concept, now widely accepted, that accelerating the sharing of knowledge accelerates the advancement of science. SBIR projects have been integral to OSTI’s success in speeding access to scientific knowledge to speed discovery, innovation and economic progress.
Since 2003, the Office of Science’s SBIR office has had a policy of funding knowledge technology SBIR projects under OSTI guidance that have produced technologies that today significantly benefit SC, DOE and science community researchers across the county – and around the world. OSTI-managed SBIR projects have enabled OSTI to promote essential ongoing innovation in its products and services, which have enhanced its performance of its statutory mandate. (Please see below for a list of technologies developed by OSTI-managed SBIR... Related Topics: federated search, multilingual, r&d, relevance ranking, SBIR, sttr, translations Read more... |
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