Grants Raymond K. Walheim Schnader, Harrison, Segal & Lewis, LLP Philadelphia, PA 215 / 751-2509 rwalheim@ schnader.com schnader.com		Can you please explain an SBIR/STTR grant? SBIR (Small Business Innovation Research)/STTR (Small Business Technology Transfer) grants are valuable sources of funds designed to fund research with potential for commercialization. Phase I grants are six-month (SBIR) and one-year (STTR) $100,000 projects aimed at establishing technical merit and feasibility. Phase II grants ($500,000 to $750,000 range) are aimed at continuing successful Phase I projects. STTR requires research partners at a non-profit research institution, where the principal investigator in the SBIR program must be with a small business concern.

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