The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grant programs were established to better integrate and strengthen the role of innovative small businesses in federally funded research and development efforts. The U.S. Small Business Administration serves as the coordinating agency for the program.
- Orlando outpaces its fellow Florida communities in the value both total and proportionate of SBIR/STTR awards.
- Department of Defense grants account for the majority of grants awarded to the major Florida metro areas over the past five years.
- As home to both a major research university and a major military installation, Tampa Bay has the requisite ingredients to move the needle on this indicator, should the community wish to make it priority.