Translation:

SBIR/STTR

Key message

The SBIR and STTR (Small Business Innovation Research/Small Business Technology Transfer) federal R&D grant programs drive innovation in Oregon's small businesses. Oregon SBIR/STTR FundingOregon should continue to focus on increasing its share of these federal grants by enhancing the tools available to small business owners to successfully learn about and apply for SBIR/STTR funding.

Why is it significant?

SBIR and STTR grants from federal agencies allow entrepreneurs to conduct research and develop new technologies. These programs often provide initial funding to help small companies turn ideas into commercially viable products.

How does Oregon perform?

In 2008, Oregon received $23 million in SBIR and STTR awards, a return to 2003 award levels. This total accounted for 1.2 percent of total awards nationally. Oregon received 58 SBIR awards and seven STTR awards in 2008. See Figure 8.

Oregon ranked 17th among all states in SBIR and STTR awards per $1 million of GSP. Oregon's performance in this measure deteriorated over the last two years with Oregon's share of SBIR and STTR funding declining in the run-up to the 2008 recession. Performance in this category will improve once the recession ends. See Figure 9.

Figure 9. Total SBIR/STTR Award Amount per Million Dollars Gross Domestic Product by State

State 2008
Rank
2004 2005 2006 2007 2008
Colorado 3 $479 $413 $446 $395 $370
California 10 $294 $257 $244 $190 $212
Utah 11 $144 $230 $177 $160 $171
Washington 15 $235 $180 $179 $184 $147
Oregon 17 $193 $207 $270 $164 $145
Minnesota 20 $107 $123 $114 $95 $126
Arizona 22 $169 $195 $177 $131 $116
New York 29 $101 $110 $84 $81 $82
Idaho 40 $106 $134 $59 $107 $41
United States
$186 $168 $164 $138 $143

Source: Small Business Administration

 


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