SBA SBIR/STTR Annual Report to Congress FY 2014 (SBIR / STTR)

Summary

• Participating agencies with extramural R/R&D budgets exceeding $100 million were required to set aside 2.8% of their FY14 extramural budget for SBIR awards.p.7
• Federal agencies with extramural R/R&D budgets exceeding $1 billion were required to set aside a minimum of 0.40% of their FY14 extramural budget for STTR awards.p.9
• In FY14, the SBIR program made $1.6 billion in 4,675 new awards, including $488 million for 3,162 Phase I awards and $1.1 billion for 1,513 Phase II awards.p.16
• The STTR program generated $183 million in 705 new awards in FY14, comprising $82.7 million for 492 Phase I awards and $100 million for 213 Phase II awards.p.16
• Total FY14 SBIR obligations across all participating agencies reached $2,279,601,723, representing 3.10% of reported extramural R/R&D.p.18

Key insights

1. DOD and HHS accounted for over 76% of the total FY14 SBIR award obligations across all participating agencies.p.20
2. Sixty-seven percent of total FY14 SBIR award dollars went to small businesses located in just 10 states.p.16
3. Overall proposal acceptance rates across all agencies stood at 18% for SBIR Phase I and 51% for SBIR Phase II awards.p.24
4. Women-Owned Small Business Concerns received 13% of total SBIR award dollars and 12% of total STTR award dollars in FY14.p.16
5. Eight federal agencies participated in the Administrative Funding Pilot Program in FY14, obligating $20,285,352 of approved pilot funds.p.30
6. Phase I SBIR awards generally do not exceed $150,000 in total costs, whereas Phase II awards generally do not exceed $1,000,000.p.10