2017 NASA SBIR/STTR Economic Impact Report (SBIR / STTR)

Summary

• The programs produced $57.3 million in total annual fiscal impact across federal, state, and local taxes.p.5
• Awards were obligated to small businesses across 41 states and Washington, D.C.p.6
• Phase I awards provide up to $125,000 while Phase II awards provide up to $750,000 for technology development.p.7

Key insights

1. NASA's SBIR program obligated $152.84 million in FY2016, supporting approximately 2,132 U.S. jobs and $418.8 million in Gross Domestic Product.p.6
2. The STTR program supported 280 jobs and contributed $55.2 million in total economic output during FY2016.p.6
3. Federal tax revenue generated by the programs reached $40.3 million, while state and local tax revenue totaled $17 million.p.9
4. Scientific research and development services was the top impacted industry sector, accounting for 658.2 jobs and $188.4 million in output.p.10
5. Phase II-E awards provide up to $375,000 under matching fund arrangements for a minimum 4-month extension.p.7
6. The economic analysis converted $172.9 million in obligated funds into job equivalents using NAICS 541712 census data.p.13