In our Mid-Atlantic region $6.6 billion in grants has been awarded to our innovators, entrepreneurs, scientists and researchers. The highly competitive SBIR/STTR programs provide the needed impetus for many advanced technology firms to move from ideation to commercialization and support this nation’s innovation driven economy. Since the programs’ inception, there have been over 150,000 awards totaling about $40 billion that have helped this nation’s innovators de-risk technology and keep the nation competitive. The SBIR/STTR programs have provided seed funding to companies including Qualcomm, iRobot, Symantec and Genzyme.
