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Pages 1-10

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From page 1...
... Seeking to bridge the gap between basic science and commercialization of resulting innovations, the Small Business Technology Transfer (STTR) program, created in 1992 by the Small Business Research and Development Enhancement Act of 1992, seeks to expand joint venture opportunities for small businesses and nonprofit research institutions.
From page 2...
... . By providing awards to SBCs for cooperative R-R&D efforts with Research Institutions, the STTR Program assists the small business and research communities by commercializing innovative technologies.
From page 3...
... The committee acknowledges that the study lacks an experimental or quasi-experiment study design that allows a randomly based comparison of the outcomes of companies that applied and did not apply and of those that received SBIR/STTR awards and those that did not -- a design that would allow testing of the award's impact and the effect of gender and ethnicity on applications, awards, and success rates. As is typically the case in studies of competitively based grant programs, study designs that allowed comparisons only of the application or grant effect was impossible because the populations of applications and non-applications and of award recipient and non-recipients differ in many more ways than whether or not they applied and in whether or not they received an award; also, the program has criteria for making awards that are not randomly based.
From page 4...
... The committee chose to focus the survey on Phase II awards rather than Phase I awards because Phase II-funded projects are expected to have business plans and to have progress toward commercialization. Thus, it is reasonable to expect a survey based on Phase II to show more evidence of commercial activity than one based on Phase I or a combination of both phases.
From page 5...
... The 2014 Survey shows that seventy-eight percent of 2014 Survey respondents reported receiving additional investment funding in the technology related to the surveyed project. (Finding II-C)
From page 6...
... • The DoE SBIR/STTR programs connect companies to universities and research institutions. Among SBIR awardees responding to the 2014 Survey, 43 percent reported a link to a research institution related to the surveyed project; 26 percent reported that faculty worked on the project (not as a PI)
From page 7...
... Addressing Underserved Populations • DoE should immediately extend past and current efforts to foster the participation of underserved populations in the SBIR/STTR programs, develop an outreach and education program focusing on these populations, and create benchmarks and metrics to relate the impact of such activities. (Recommendation II)
From page 8...
... Improving Commercialization Outcomes • DoE should support the commercialization of SBIR and STTR supported technologies beyond the completion of Phase II. (Recommendation III-A)
From page 9...
... • DoE should further address the funding gap between Phase I and II awards. (Recommendation V-F)


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