STTR (Small Business Technology Transfer)

The Small Business Technology Transfer (STTR) program is a U.S. government initiative that funds small businesses to collaborate with research institutions, like universities, to develop innovative technologies. Its goal is to turn cutting-edge research into commercial products or services. The program provides grants and contracts, encouraging partnerships that foster innovation, help small businesses grow, and enhance national economic and technological competitiveness. STTR emphasizes a small business leading the project, with a mandatory partnership with a nonprofit research institution, ensuring that advanced research is effectively translated into market-ready solutions.