The SBIR and STTR programs are two important sources of early stage funds for technology firms.

Question

Quizplus · Accepted Answer

The SBIR (Small Business Innovation Research) and STTR (Small Business Technology Transfer) programs are federal government programs that provide funding to small businesses, including technology firms, for research and development of innovative technologies. These programs are specifically designed to encourage and support small businesses to engage in research and development with commercial potential, and are an important source of early stage funding for technology firms.

The SBIR and STTR Programs Are Two Important Sources of Early