What Does SBIR Stand For?
SBIR stands for Small Business Innovation Research
The Small Business Innovation Research (SBIR) program is a federal initiative in the United States that provides funding and support to small businesses for research and development (R&D) projects with the potential for commercialization. It aims to stimulate technological innovation and address specific federal research and development needs, fostering the growth of small enterprises and contributing to the nation's economy. The program is structured in phases, allowing businesses to secure funding through competitive proposals and encouraging collaboration with research institutions and government agencies.
Added on 27th September 2008 | Last edited on 16th June 2025 | Edit Acronym