Chart - SBIR and STTR Funding in PA per $1 Million in GDP (2009-2019) Community and Economic Development

The Small Business Innovation Research (SBIR) and Small Business Tech Transfer (STTR) programs are federal grants that allow small companies to conduct proof-of-concept research and develop prototypes, with the goal of commercialization. STTR grants require a partnership with a non-profit research institution. Awards are both an indicator and enabler of future business success. More about these grants can be learned at <a href="https://www.sbir.gov/about">www.sbir.gov/about</a>. Source: <a href="https://www.sbir.gov/analytics-dashboard?program_tid%5B%5D=105791&program_tid%5B%5D=105792&state%5B%5D=PA">SBIR/STTR Award Summary by Year (Small Business Administration)</a> <a href="https://www.deptofnumbers.com/gdp/pennsylvania/">U.S. Bureau of Economic Analysis data via Department of Numbers</a>