National Science Foundation (NSF) SBIR/STTR
The NSF released their 2022 solicitation document January 13, 2022 and there are a few noteworthy changes from the past solicitations: NSF increased the SBIR/STTR Phase I funding amount to a maximum of $275,000 to better support the nation's startups and small...
- NSF is a “granting” agency
- Investigator-initiated projects
- Peer reviewers evaluate proposals
- Both SBIR and STTR programs
- Fund ~400 companies/year
- Rolling submission with three submission windows
- Phase I: 6-12 months $275,000 Phase II: 24 months $1,000,000
- Typical success rates: Phase I: ~10-15% Phase II: ~40-50%
Step 1: Project Pitch
NSF requires that you submit a Project Pitch. You may submit your Project Pitch at any time, and you will hear back within one month. If your Pitch is accepted, then you will receive an official invitation from the Program Director to submit a full proposal. Only one Project Pitch or Full Proposal is allowed in the NSF pipeline at a time.
Step 2: Full Proposal
You must submit your Full Proposal within one year of your official Project Pitch acceptance. Proposals are then reviewed three times per year at the close of each submission window: March 3, June 30, and October 26. Only one Project Pitch or Full Proposal is allowed in the NSF pipeline at a time.
Step 3: Proposal Review & Decision
Proposals are reviewed by a panel for intellectual and technical merit, broader impacts, and commercial impact. You will be notified 5-7 months after your respective submission window closes whether your proposal is accepted or declined. You must wait for a determination from NSF on the pending proposal before submitting a new proposal in the next window.