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Capital Opportunities for Small Businesses - sbtdc

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C A P I T A L O P P O R T U N I T I E S F O R SMA L L B U S I N E S S E S<br />

Phases and Evaluation Criteria<br />

Same as SBIR. See above <strong>for</strong> in<strong>for</strong>mation.<br />

Differences between SBIR and STTR<br />

Phase I<br />

Level of Ef<strong>for</strong>t<br />

Phase II<br />

Level of Ef<strong>for</strong>t<br />

Subcontractors<br />

Project Duration<br />

Maximum Award<br />

Amount<br />

Number of Agencies<br />

Participating<br />

Principal<br />

Investigator<br />

SBIR<br />

Minimum of 2/3 of the ef<strong>for</strong>t must<br />

be per<strong>for</strong>med by small business<br />

Maximum of 1/3 of the ef<strong>for</strong>t may<br />

be per<strong>for</strong>med by consultants and/or<br />

subcontractors<br />

Minimum of 50% of the ef<strong>for</strong>t must<br />

be per<strong>for</strong>med by small business<br />

Maximum of 50% of the ef<strong>for</strong>t may<br />

be per<strong>for</strong>med by consultants and/or<br />

subcontractors<br />

May have subcontractors involved<br />

Phase I--Approximately 6 months<br />

Phase II--2 years<br />

Phase I--$150,000<br />

Phase II--$1,000,000<br />

11 5<br />

Must be employed with small<br />

business<br />

STTR<br />

Minimum of 40% of the ef<strong>for</strong>t must be<br />

per<strong>for</strong>med by small business<br />

Minimum of 30% of the ef<strong>for</strong>t must be<br />

per<strong>for</strong>med by a non-profit research<br />

institution.<br />

(Same as Phase I)<br />

(Same as Phase I)<br />

Must have non-profit research institute<br />

involved as subcontractor<br />

Phase I--Approximately 1 year<br />

Phase II--2 years<br />

Phase I--$150,000<br />

Phase II--$750,000<br />

May be employed with either small business<br />

or non-profit research institution. (This<br />

requirement varies among agencies.)<br />

50

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