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What is NISTs SBIR Program?

NIST program SBIR
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What is NISTs SBIR Program?

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The program consists of three phases: In Phase 1, a small business can receive up to $90,000 to establish the scientific or technical merit or feasibility of ideas that appear to have commercial potential. The successful completion of Phase 1 enables the awardee to compete for a Phase 2 contract for up to $300,000 to continue research in the same technical area. Phase 1 awardees have 6 months to complete their work; Phase 2 awardees have up to 2 years. Phase 2 is the principal R&D effort. Under Phase 3, no SBIR funds are available to pursue commercial applications of the technology.

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