SBA SBIR/STTR Annual Report FY 2016 (SBIR / STTR)

Summary

• In 2016, SBA and the 11 SBIR/STTR participating agencies provided over $2.66 billion of non-dilutive funding to entrepreneurs.p.5
• Total SBIR obligations across participating agencies reached $2,362,038,320 in FY16, with 74% or $1,755,223,585 attributable to DoD and HHS.p.7
• Total STTR obligations for FY16 reached $313,623,274, with almost 76% or $237,692,429 coming from DoD and HHS.p.9
• Participating civilian agencies made $1,027,427,446 in 2,644 new SBIR awards in FY16, selecting 15% of Phase I proposals and 49% of Phase II proposals.p.13
• DoD components awarded $624,763,255 across 1,857 new SBIR awards, with a proposal selection rate of 17% for Phase I and 55% for Phase II.p.18
• Across the Administrative Funding Pilot Program (AFPP), SBA approved $67,526,445 of FY16 SBIR budget dollars and agencies obligated $53,400,490.p.60

Key insights

1. For FY16, federal agencies with extramural R/R&D budgets exceeding $100 million were required to obligate a minimum of 3.0% of their extramural R/R&D budgets for SBIR awards to small businesses.p.6
2. Federal agencies with extramural R/R&D budgets exceeding $1 billion were required to obligate a minimum of 0.45% of their extramural R/R&D budgets to fund small business R/R&D activities through the STTR Program.p.8
3. SBIR/STTR Phase I awards generally range from $150,000 to $225,000 for a 6-to-12-month period of performance.p.10
4. SBIR/STTR Phase II awards generally range from $750,000 to $1,500,000 for a two-year period of performance.p.10
5. In FY16, Women-Owned Small Business Concerns received $128,733,554 or 13% of new civilian SBIR obligations.p.13
6. Socially and Economically Disadvantaged-Owned Small Business Concerns received $74,595,942 or over 7% of new civilian SBIR obligations.p.13
7. HUBZone-certified Small Business Concerns received $81,450,336 or approximately 8% of new civilian SBIR obligations.p.13