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Tech Grove SBIR/STTR Day Features Innovations, Networking
Home » Tech Grove SBIR/STTR Day Features Innovations, Networking
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The Central Florida Tech Grove will hold its second annual Small Business Innovation Research (SBIR) Small Business Technology Transfer (STTR) Partnership Day on June 30, 2022.
Partnership Day is a hybrid event where participants can attend in person at the Tech Grove in the UCF Partnership IV building in Orlando’s Central Florida Research Park, or virtually via ZoomGov. On-site attendees will have opportunities to network with representatives from various industry, government and academic organizations throughout the modeling, simulation and training (MS&T) community.
The Tech Grove’s Partnership Day will spotlight innovations from 14 tech companies in the MS&T industry, chosen as the result of SBIR/STTR awards from defense entities that support Tech Grove. Partnering companies representing Phase II and Phase III awardees will showcase their products and solutions through exhibits and presentations.
“These partnerships are vital and enable the small businesses that secure these awards to get their new products and services into the hands of users who need them,” said Carol Ann Logue, director for the Central Florida Tech Grove. “They make all the difference in staying ahead of threats from adversaries who are pouring a lot of resources into research and development. It’s small businesses who can move the quickest to address national security concerns, and it’s programs like SBIR/STTR that help facilitate their success.”
Only American small businesses with 500 employees or less are eligible to participate in SBIR/STTR programs. These competitive, awards-based programs encourage small businesses to participate in federal research and development (R&D) with the potential for commercialization. SBIR/STTR programs support technological innovation through investment in federal research necessary to building a strong economy and improving national defense by benefiting warfighters in the field.
“By showcasing these companies that have developed leading edge solutions for needs in simulation and training [at Partnership Day], we’re helping other services and agencies discover solutions that have already been developed for problems they may have and rapidly acquire them,” Logue said. “It speeds up the fielding of innovative solutions for our warfighters’ training needs because many of these organizations have the same, or similar, problems – and they can bypass a long development cycle. These small companies’ contributions often fill critical gaps to make training more effective and provide much better outcomes.”
The SBIR/STTR programs’ goals include promoting private-sector commercialization of innovations supported by federal R&D funding, as well as increasing participation in innovation and entrepreneurship by women and socially/economically-disadvantaged individuals.