SBA SBIR/STTR Annual Report FY 2021 (SBIR / STTR)

Summary

• In Fiscal Year 2021, participating agencies obligated $3.46 billion of SBIR funding and $528.7 million of STTR funding, amounting to a total of $3.99 billion.p.2
• Total STTR obligations amounted to $528,682,218 across participating agencies, with DoD and HHS representing 82% of the total.p.11
• Total SBIR obligations for civilian agencies totaled $1,939,021,817 in FY21, with HHS accounting for 57% of that amount.p.14
• Total SBIR obligations for DoD Service Agencies and Other Defense Agencies reached $1,519,040,199, with Air Force and Navy representing approximately 64%.p.20

Key insights

1. Federal agencies with extramural R/R&D budgets exceeding $100 million were required to obligate a minimum of 3.2% of their FY21 extramural budget to SBIR awards.p.7
2. SBIR and STTR Phase I awards generally range from $100,000 to $259,613 for a period of performance of 6 to 12 months.p.8
3. Small businesses submitted 21,786 SBIR Phase I proposals in FY21, resulting in 3,438 new awards and an average selection rate of 16%.p.46
4. Approximately 68% of total FY21 SBIR dollars and 63% of FY21 STTR dollars were concentrated across ten U.S. states.p.50
5. Across the Department of Defense, 94% of SBIR Phase I awards were issued within 180 days of solicitation close or proposal receipt.p.55
6. Participating agencies obligated $65,946,119 through the Administrative Funding Pilot Program to support program oversight, technology upgrades, and targeted outreach.p.63
7. Under the Commercialization Readiness Pilot Program for Civilian Agencies, HHS obligated $37,312,897 across 30 projects in FY21.p.72