June 13, 1997 NSF Tipsheet
National Science Foundation (NSF)The National Science Foundation (NSF) awards Small Business Innovation Research (SBIR) grants to stimulate technological innovation that meets federal research and development needs. NSFÃs SBIR budget for 1997 is $50 million. The program makes it financially possible for small firms to undertake high risk, cutting-edge research with strong potential for commercial results. The following are a few of the many SBIR success stories.