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Jan 1, 2016 | By Troy Carter

2015 Report: Air Force SBIR/STTR Economic Impact

News Article Image of 2015 Report: Air Force SBIR/STTR Economic Impact
A KC-135R Stratotanker on the Joint Base Andrews, Maryland, flight line Sept. 14, 2016. (U.S. Air Force graphic illustration/Kat Justen)

TechLink has completed the first-ever comprehensive analysis of the economic impacts of a federal SBIR program, in collaboration with the Business Research Division of the Leeds School of Business at the University of Colorado Boulder.

The study examined the economic outcomes and impacts from all 4,524 Air Force Phase II SBIR/STTR contracts to 1,750 firms completed during the 2000-2013 period, with a 96% response rate.

Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs fund R&D by small businesses, and cooperative R&D projects between small businesses and nonprofit US research institutions, including universities.

The Air Force SBIR/STTR Program focuses on proposals with the potential to develop into products or services for military or commercial consumers.

Access the full report below.