On May 24, 2012, the Department of Defense (DoD) began accepting Small Business Innovative Research (SBIR) proposals for SBIR Solicitation 2012.2. This is the second of three solicitations for the SBIR program the DoD will offer this year, which in total will award over a billion dollars in SBIR-funded projects. Small businesses considering submitting proposals for that 2012.2 Solicitation need to consider the changes recently made to the SBIR and Small Business Technology Transfer (STTR) programs as part of the National Defense Authorization Act (NDAA) of 2012.
Among other things, the NDAA of 2012 reauthorized the SBIR/STTR programs until September 30, 2017. That reauthorization included many significant positive changes to the SBIR/STTR programs that increase the award sizes, allow greater flexibility in making Phase II awards, and make the programs available to more small businesses. These changes include:
Increased Award Sizes. The maximum standard award sizes for the SBIR/STTR programs increased, with the size of Phase I awards rising from $100,000 to $150,000, and the size of Phase II awards rising from $750,000 to $1,000,000. Along with these increases in the maximum standard award sizes, agencies may now make “super awards,” that are 50% greater than the maximum standard award size. These “super awards” allow agencies to make Phase I awards of up to $225,000 and Phase II awards of up to $1,500,000. Additionally, adjustments will now be made to these award amounts each year to account for inflation. These increased awards will provide small businesses with the additional funds needed to develop their proposed products.
Please see full article below for more information.
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.