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grandslam68

07/19/22 11:20 AM

#6622 RE: HelloKitty8 #6621

That is a great find. I'm sure they'll press release it, seeing that they did when they put in the application back in April. I see that only 7 of the 120 are STTRs, like ours. The rest are SBIRs. STTRs require the prospect of patents and partnering with a university or other research institution that does at least 30% of the R&D.... in our case, we're partnering with both BYU and the federal government's famous Argonne National Labs, which conducted the Manhattan Project in the early 1940s that produced the first nuclear bombs. Pretty highfalutin.

The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs are highly competitive programs that encourage domestic small businesses to engage in Federal Research/Research and Development (R/R&D) with the potential for commercialization.

STTR differs from SBIR in three important aspects:

The small business awardee and its partnering institution are required to establish an intellectual property agreement detailing the allocation of intellectual property rights and rights to carry out follow-on research, development or commercialization activities.

STTR requires that the small business perform at least 40% of the R&D and a single partnering research institution perform at least 30% of the R&D.

The STTR program allows the Principal Investigator to be primarily employed by the partnering research institution.