Requirements for Employment of Principal Investigator (PI). There are differing requirements for the primary employment of the Principal Investigator, with there generally being more flexibility on an sttr award. . In most cases, the pi must have primary employment at a small business where primary employment is defined as 51 employed by the small business for the duration of the award. However, this requirement may differ, depending on the policies of the federal agency. (see links to each participating agency below.) For further information on potential Conflicts of Interest with regard to ownership of a small business and subcontracting to a university lab, please see the. Texas small Tech University financial Disclosure website. History of the program, the sbir program started as a pilot program at nsf in the late 1970's.
Assistance is provided to those starting small businesses with a technology research focus. Resource center services include: Identification of appropriate sbir/sttr funding source. Sponsorship of educational seminars and webinars. Proposal preparation guidance, identification of potential research and commercialization partners. Coordination with Innovation-Corps (i-corps) resources for purposes of determining commercialization potential. Coordination with services offered by the Small Business development Centers (sbdcs) which can provide assistance with formation of the business and market research. Leasing of office space, engineering and life science laboratories and simulation resources. Coordination with orc intellectual Property resources including patenting and licensing.
Various models have emerged for the university researcher to spin off a business or to collaborate with an existing business and then subcontract part of the work back to the university. In fact, co-partnership with a research institution is a requirement for the sttr program. Congress initiated the sbir program for the purposes of: Stimulating technological innovation in the private sector. Meeting Federal Research and development needs. Improving the return on Investment from federally-funded research for economic and social benefits to the. The sttr has the further purpose of stimulating public/private partnerships through funding joint ventures between small businesses and research institutions. Resource center Services, the texas Tech sbir/sttr resource center, jointly sponsored by the. Texas Tech Office of Research Commercialization and the, northwest Texas Small Business development Center, serves the rural West Texas community, including those in the lubbock, el Paso and San Angelo regions.
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Ttu, research Home, the federal sbir/sttr programs provide funds for early-stage research and development at small. For those looking to commercialize innovation, Small Business Innovation Research (sbir) and Small Business Technology Transfer Research (sttr) grants are important options to consider. University researchers across the country have found these to be significant sources of funding and, in some cases, more accessible than nih r01 grants or angel investing/venture capital. Through the sbir and sttr programs, the federal government sets aside.5 billion in extramural research support to small businesses engaged in technology innovation research. Mission of the Programs, the sbir/sttr programs, often referred to as "America's Largest seed Fund can serve as alternate venues for university faculty research.
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