National Science Foundation (NSF) Small Business Innovation Research Program (NSF SBIR/STTR)

Below is a brief summary. Please check the full solicitation before applying (link in resources section).

Executive Summary:

The NSF SBIR/STTR program provides non-dilutive funding to U.S.-based startups and small businesses developing high-risk, high-impact technologies with strong commercial potential. NSF states it funds “nearly everything from biotechnology to wireless communications to quantum to semiconductors.” Companies begin by submitting a required Project Pitch to determine fit with the program before being invited to submit a full proposal.

The NSF SBIR/STTR program looks forward to receiving the submission of new Project Pitches in response to the new solicitations beginning on Tuesday, June 2, 2026. Full proposal submission deadlines are:

  • July 27 2026

  • November 4 2026

  • March 4 2027

Proposal submission is due by 5:00 PM submitter’s time on the specified due date.

NSF emphasizes that the program is intended for technologies requiring substantial high-risk R&D and not “straightforward engineering or incremental product development tasks.” The process is highly competitive, with historical NSF SBIR/STTR Phase I funding rates between 10% and 20%.

How much funding would I receive?

If your proposal is awarded, NSF states you may receive:

  • Up to $305,000 for a Phase I award.

  • Up to $1,250,000 over two years for a Phase II award.

The solicitation materials provided do not specify award minimums, matching requirements, or the number of anticipated awards.

What could I use the funding for?

NSF states funding is intended for:

  • High-risk research and development

  • Deep technologies

  • Foundational science and engineering innovations

  • New products, services, and scalable solutions

  • Technologies with strong commercial potential and societal impact

The program specifically supports technologies that:

  • Require substantial technical innovation

  • Address significant societal or national problems

  • Create sustainable competitive advantages

  • Demonstrate meaningful market pull and scalability

NSF explicitly states it does not fund:

  • Straightforward engineering

  • Incremental product development tasks

Areas of Interest

Are there any additional benefits I would receive?

Additional benefits described in the solicitation materials include:

  • Access to external technical and commercialization reviewers

  • Feedback from NSF experts and review panels

  • Eligibility for supplemental funding opportunities after Phase II

  • Ability to apply for additional NSF funding after successful Phase I progress

NSF also notes that access to most Phase I award funds occurs at the time of award notification.

What is the timeline to apply and when would I receive funding?

Application process timeline:

  1. Complete the Project Pitch Assessment

  2. Submit a required Project Pitch

  3. Receive a response from NSF in approximately 1–2 months

  4. If invited, submit a full proposal

  5. Undergo proposal review and due diligence

  6. Receive funding decision approximately 5–7 months after proposal submission deadline

Full proposal submission deadlines are:

  • July 27 2026

  • November 4 2026

  • March 4 2027

Proposal submission is due by 5:00 PM submitter’s time on the specified due date.

NSF states:

  • Proposal review occurs approximately 1–3 months after submission

  • Additional due diligence may occur approximately 3–5 months after submission

  • Funding decisions occur approximately 5–7 months after submission

Where does this funding come from?

The funding comes from:

  • The U.S. National Science Foundation (NSF)

  • America’s Seed Fund

  • NSF SBIR/STTR programs

The solicitation references:

  • NSF 26-510: Small Business Innovation Research / Small Business Technology Transfer Phase I, Phase II, Fast-Track Programs SBIR/STTR: Developing Deep Technologies that Advance U.S. Competitiveness and Security

  • NSF 26-511: Small Business Innovation Research / Small Business Technology Transfer Phase I, Phase II, Fast-Track Programs: A Pilot Emphasis on Scientific Instrumentation

Who is eligible to apply?

To be eligible, companies must:

  • Be a small business with fewer than 500 employees

  • Be located in the United States

  • Have at least 50% ownership by U.S. citizens or permanent residents

  • Perform all funded work in the United States

  • Employ a Principal Investigator (PI) at least 20 hours per week

  • Have the PI commit at least one month (173 hours) of work per six months of project duration

NSF states it does not fund:

  • Companies majority-owned by multiple venture capital firms

  • Companies majority-owned by private equity firms

  • Companies majority-owned by hedge funds

The PI does not need advanced degrees.

What companies and projects are likely to win?

NSF states it looks for companies and projects with:

  • Strong technological innovation

  • High-risk, unproven R&D

  • Significant societal or national impact

  • Sustainable competitive advantages

  • Commercial potential and market pull

  • Scalable business opportunities

  • Technically qualified and commercially motivated teams

NSF specifically evaluates:

  • Intellectual Merit

  • Broader Impacts

  • Commercial Impact

The solicitation materials state that proposals are reviewed by external technical and commercialization experts in addition to NSF program staff.

Are there any restrictions I should know about?

Important restrictions and requirements include:

  • Only one Project Pitch per submission deadline is allowed

  • Companies with a pending Project Pitch, Open Invitation, or proposal under review must wait before submitting another Project Pitch

  • All funded work, including consultant and contractor work, must occur in the United States

  • SAM registration is required before proposal submission

  • SAM registration can take up to three weeks to complete

  • Proposal submission is due by 5:00 PM submitter’s time on the specified due date

NSF also notes that:

  • An invitation to submit a proposal does not guarantee funding

  • Historical Phase I funding rates have been between 10% and 20%

How long will it take me to prepare an application?

The solicitation materials do not specify a required preparation timeline.

However, NSF states:

  • Writing a full proposal requires a “significant investment of time and effort”

  • Companies should begin registration processes “as soon as possible”

  • SAM registration can take up to three weeks

  • Research.gov registration can take up to 48 hours

The application process includes:

  • Completing a Project Pitch

  • Receiving NSF feedback

  • Preparing a full proposal if invited

  • Completing multiple federal registrations

How can BW&CO help?

BW&CO can help companies:

  • Assess fit with NSF SBIR/STTR evaluation criteria

  • Develop a compelling Project Pitch

  • Position the technical innovation and commercial potential clearly

  • Draft and manage the full NSF proposal process

  • Prepare commercialization and market positioning content

  • Coordinate registrations and submission workflows

  • Improve competitiveness against NSF review criteria

How much would BW&CO Charge?

Our full service support is available for a flat fee of $9,000 + 5% Success Fee.

Fractional support is $300 per hour.

For startups, we offer a discounted rate of $250 per hour to make top-tier grant consulting more accessible while maintaining the same level of strategic guidance and proposal quality.

Additional Resources

Learn more about the program here.

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