The Small Business Innovation Research (SBIR) Program was created by
Congress in 1985 as a tool to promote small business, commercialization,
innovation and US competitiveness. NASA’s version of an SBIR (similar to programs run by other agencies) awards a series of contract “Phases” to small business helping them demonstrate their technologies. Upon completion of these phases, small businesses would be empowered to independently pursue commercialization of their technologies.
Good for the company: marketable product.
Good for NASA: access to technologies at commercial-off-the-shelf prices
Phase I contracts: $100K (or less) over 6mo.
Phase II contracts: $600K over 24mo.
To read the full, original article click on this link: Space Business Blog: 25 SBIR Winners to Watch
