SBA SBIR/STTR Annual Report FY 2015 (SBIR / STTR)

Summary

• Participating Agencies made a total of 4,324 new SBIR awards in FY15, totaling $1,477,412,435 in Phase I and Phase II new award obligations.p.14
• SBIR Phase I awards accounted for 2,870 awards totaling slightly over $421 million, while 1,454 new Phase II awards represented almost $1.1 billion.p.14
• Participating Agencies' STTR obligations totaled $295,885,236 in FY15, with 726 new STTR awards totaling nearly $204,249,534.p.19
• Small businesses submitted 17,158 proposals for 2,870 new SBIR Phase I awards in FY15, resulting in a selection rate of 17%.p.34
• Approximately 68% of total FY15 SBIR award dollars were concentrated among 10 states, led by California, Massachusetts, and Virginia.p.36

Key insights

1. DoD and HHS accounted for 74% of the total SBIR obligations for new and prior-year awards in FY15.p.14
2. Five Participating Agencies issued second sequential Phase II SBIR awards totaling $114,988,583 in FY15.p.14
3. DoD and HHS generated approximately 76% or $226,102,619 of total FY15 STTR obligations.p.19
4. Small businesses submitted 2,800 proposals for 1,454 new SBIR Phase II awards, producing a 52% selection rate.p.34
5. The five STTR Participating Agencies received 2,683 Phase I proposals for 552 new Phase I awards, yielding a 21% selection rate.p.35
6. Ten states accounted for approximately 63% of total FY15 STTR award dollars.p.36
7. NIH awarded $2,442,353 across seven Phase I and one Phase II awards to small business concerns majority-owned by venture capital operating companies, hedge funds, or private equity firms.p.48
8. SBA awarded 20 FAST grants of $100,000 each to state and local agencies to support technological innovation and commercialization.p.59