The ________ awards cash grants or long-term contracts to small companies that want to initiate or to expand their research and development efforts and give the opportunity to attract early-stage capital investments without having to give up significant equity or take on burdensome levels of debt.
A) SBIR
B) SBA
C) RBS
D) STTR

Question

Quizplus · Accepted Answer

The description best fits the characteristics of the Small Business Innovation Research (SBIR) program. The SBIR program awards cash grants or long-term contracts to small companies for initiating or expanding their research and development efforts. The program also provides opportunities for attracting early-stage capital investments without having to give up significant equity or take on burdensome levels of debt. The other choices (SBA, RBS, STTR) do not offer the same benefits as the SBIR program.

The ________ Awards Cash Grants or Long-Term Contracts to Small