UB Small Business Innovation Award

A UB Small Business Innovation Award can help faculty move from Phase I to Phase II federal funding of an SBIR (Small Business Innovation Research) or STTR (Small Business Technology Transfer Research) grant.

The competitive SBIR and STTR programs encourage domestic small businesses to engage in federal research and development that has the potential for commercialization. By offering access to world class scientists, engineers and facilities, UB and its researchers can enhance small business R&D programs.

The UB Small Business Innovation Award (UB SBIA) provides matching funds to qualifying companies awarded SBIR or STTR Phase I awards.

  • Partnering Incentive = increase PI's Phase 1 research dollars
  • Up to a 20% match for internal direct cost expenditures 
Phase I Award $150,000 PI Direct
Sub Award to UB (e.g. 33%  $49,500  $31,000 
UB-SBIA  $10,000  $10,000 
TOTAL Project Budget $59,000 $41,000

Quick SBIR/STTR Funding Overview

  • Participating agencies reserve 29% of the R&D budgets for SBIR/STTR program
  • 2015 Budget: More than $2.5 Billion
  • Typical Phase I: $150,000 (10—20% success)
  • Typical Phase II: $1,000,000
    • Phase I to Phase II conversion 40—50%

Objective: Phase I match translates into Phase II participation