Stacy Chin breaks down SBIR Phase 1 and Phase 2: Phase 1 tests feasibility, Phase 2 scales and commercializes. Founders should set realistic milestones for each phase to show reviewers they understand the process, and research which federal agencies run SBIR programs to target the right opportunities.
Phase 1 is all about feasibility, testing your idea's potential, while Phase 2 dives deeper into development, scaling, and commercializing your innovation. Understanding these phases allows you to craft realistic milestones and timelines, which shows the reviewer that you know exactly how to navigate the process. For founders, this clarity will save you time and ensures your application is perfectly aligned with each phase it's designed to achieve within the SBIR program. Number 2, make sure to research participating U.S. federal agencies that have SBIR programs.
Applying for NIH SBIR in Jan 5, 2027? You Should Be Starting NOW. Here's why...
How to Get Invited to Apply for $305K in NSF SBIR Funding || Step-by-Step Guide
