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by cjones99
4806 days ago
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The average is for them to fund 2-5 Phase 1 awards at $150K and then 1-2 Phase II awards of $1MM each based on the most promising of the Phase I. Given recent changes to the SBIR program, note that Phase I SBIRs can now be for $150K and Phase IIs at $1MM. It can happen, but is rare, that they would fund nothing on a topic in the solicitation. And as you say, compelling results out of the SBIR work can lead to follow-on work that is >> $1MM. The short of it is, the Navy is interested in this topic, and if you have a small tech business with innovative ideas in this space there is a great funding opportunity here for you to advance your tech and grow your business. |
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