SBA SBIR/STTR Annual Report FY 2022 (SBIR / STTR)

Summary

• Participating federal agencies obligated $4.12 billion in SBIR funding and $618.3 million in STTR funding, totaling $4.73 billion in FY22.p.2
• Participating agencies made more than 3,859 Phase I SBIR and STTR awards in FY22, with 39% awarded to first-time winners.p.2
• Federal agencies reported more than $2.76 billion in Government Phase III procurement funding in FY22.p.2
• Total SBIR obligations reached $4,115,812,863 in FY22, with DoD and HHS accounting for 80% of the total amount.p.10
• Total STTR obligations amounted to $618,272,163 in FY22, with 85% attributed to DoD and HHS.p.10

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 extramural budget to SBIR awards in FY22.p.7
2. Agencies with extramural R/R&D budgets exceeding $1 billion were required to allocate a minimum of 0.45% of their extramural budget to STTR awards in FY22.p.7
3. HHS generated $1,140,312,654 in total SBIR obligations, representing 58% of all civilian agency SBIR funding in FY22.p.13
4. Air Force and Navy together accounted for approximately 68% of total DoD SBIR obligations in FY22.p.19
5. Navy issued 96% of its SBIR Phase I award notifications within the prescribed 90-calendar-day timeline in FY22.p.57