SBA Small Business Innovation Research (SBIR) Program

Phase I is the startup phase. Awards of up to $100,000 for approximately 6 months support exploration of the technical merit or feasibility of an idea or technology.
Phase II awards of up to $750,000, for as many as 2 years, expand Phase I results. During this time, the R&D work is performed and the developer evaluates commercialization potential.
Phase III is the period during which Phase II innovation moves from the laboratory into the marketplace. No SBIR funds support this phase.