The Small Business Innovation Research (SBIR) program has received $3.5 million in funding. DOT is looking for ideas for research that could produce commercially viable applications as well as meeting federal research objectives.
One of 11 federal agencies the provide research and development funding, DOT is aware that small businesses are frequent sources of innovative ideas, but may lack funding to bring them to fruition. SBIR not only aims at aiding in start-up and development but also encourages commercialization of resulting products.
“We’re looking for good transportation ideas with the potential to become great transportation breakthroughs,” says Norman Y. Mineta, U.S. Secretary of Transportation. This program is administered by the Volpe National Transportation Systems Center which is part of DOT’s recently created Research and Innovative Technology Administration.
Proposals are open to U.S.-owned businesses with 500 employees or less. Deadline for submission is May 16. Download the necessary forms and materials at www.volpe.dot.gov/sbir/sol05/download.html.