Stacy L ChinFounder, KeepYourEquity · I get the government to write you checks

Leveraging Nonprofit Research for STTR Success

13 Nov 2023 · 0 min

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In this segment, Stacy Chin explains that Small Business Innovation Research (STTR) projects require small businesses to partner closely with research institutions, leveraging the institutions' expertise, resources, and facilities to bridge the gap between scientific research and commercialization. The goal is to bring innovative products and technologies to market. She also highlights that STTR grants are extremely competitive and highly sought after by startups because of several key benefits, which will be discussed later in the video.

That is the key. So in an STTR project, usually the small business have to work closely with the research institution by leveraging its expertise, resources, and facilities to help bridge the gap between scientific research and commercialization, with the ultimate goal of bringing new innovative products and technologies to the commercial market. Now keep in mind, STTR grants are crazy competitive and highly sought after by startups due to several key benefits, which we'll cover more later in this video.