Originally Published MX July/August
2002

FINANCE

SBIR and STTR
Program Phases

Phase I, Start-Up

• Awards of about
  $70,000 to $100,000 for approximately six months.
  
  
• Supports feasibility
  testing of an idea or technology.

Phase II, R&D
Continued

• Awards of about
  $500,000 to $750,000, for up to two years.
  
  
• Typically includes
  beta site development, testing, and customer evaluation.

Phase III, Commercialization

Copyright ©2002
MX