Small businesses are a national resource for technological innovation and a mainstay of the economy. The SBIR & STTR Programs were created by Congress to strengthen the role of small, innovative companies in federally-supported research and development.
The goals of the NCI SBIR & STTR Programs are:
- stimulate technological innovation
- increase private-sector commercialization of federal research and development
- increase small business participation in federally funded research and development
- foster participation by minority and disadvantaged companies in technological innovation