FREE Small Business Grants For Women

Small Business Grants For Women!

The U.S. Government is America's largest provider of financial assistance to women owned small businesses!

The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs are 2 small business grant programs provided by the U.S. Government Office of Technology.

Under the SBIR program, 10 government agencies having annual funds of over $100 million, will reserve 2.5% of the money to award small businesses grants.

Under the STTR program, five agencies with annual funds of more than $1 billion, will reserve 1.5% of the money to award grants to collaborative efforts between small businesses and non-profit research institutions.

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Small Business Innovation Research (SBIR) - FAQs

Q. What is the SBIR Program?
The Small Business Innovation Research (SBIR) Program is a highly competitive 3-phase small business grant system which provides qualified small businesses with money to produce new high technology products and services.

Q. What are the 3 phases of the SBIR Program?
Phase I is a feasibility study to evaluate the scientific and technical merit of an idea. Grant awards are for up to $100,000.

Phase II is to expand on the results of and further pursue the development of Phase I. Grant awards are for amounts up to $750,000.

Phase III is for the commercialization of the results of Phase II and requires the use of private sector or non-SBIR Federal funding.

Small Business Technology Transfer (STTR) - FAQs

Q. What is the STTR Program?
STTR is a highly competitive 3-phase program that reserves a specific percentage of Federal funding for award to small businesses in partnership with nonprofit research institutions to move ideas from the laboratory to the marketplace.

Q. What are the 3 phases of the STTR Program?
Phase I is the startup phase for the exploration of the scientific, technical, and commercial feasibility of an idea or technology. Grant awards are for amounts up to $100,000.

Phase II is to expand Phase I results. Grant awards are for amounts up to $500,000.

Phase III is the period during which Phase II innovation moves from the laboratory into the marketplace. There is no STTR funding in this phase.

The SBIR small business grant program has experienced explosive growth since its inception in 1983.
In that first year of grant awarding activity, the program made 686 Phase I small business grants for $44.5 million.
In 1997, the program produced 3,371 Phase I small business grants and 1,404 Phase II small business grants totaling more than $1.1 billion.
In 1998, the small business grant program awarded a total of 3,022 Phase I small business grants and 1,320 Phase II small business grants were distributed totaling more than $1.1 billion.
The STTR grant program began making awards in 1994.
In that year, it made 198 grants for almost $19 million to small businesses that collaborated with nonprofit research institutions to undertake technology projects.
In 1996, Federal participating agencies awarded 238 Phase I small business grants and 88 Phase II small business grants totaling $64.5 million.
In 1997, 260 Phase I small business grants and 89 Phase II small business grants were awarded totaling $69 million.
1998 produced 208 Phase I small business grants, and 109 Phase II small business grants totaling just over $64.7 million.
The outreach to minority-owned small businesses has resulted in an increasing number of SBIR awards to them.
The SBIR program, which makes small business grants solely to the best proposals submitted, has consistently awarded over 10% of its small business grants to minority-owned small businesses.
In 1997, approximately 313 Phase I small business grants and 162 Phase II small business grants went to minority-owned small businesses.

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