Sunday, March 11, 2018 11:43:52 AM
Phase III refers to work that derives from, extends, or completes an effort made under prior SBIR or STTR funding agreements, but is funded by sources other than the SBIR or STTR Programs. Phase III work is typically oriented towards commercialization of SBIR- or STTR-funded research or technology.
https://www.darpa.mil/work-with-us/for-small-businesses/participate-sbir-sttr-program
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