LTTO
The Louisiana Technology Transfer Office (LTTO) facilitates collaborative partnerships
between Louisiana businesses, federal labs, and university/research institutions,
accomplished by leveraging research capabilities with the commercial development potential
of the private sector. This mission is accomplished through the LTTO’s statewide activities
and offices located on the campus of LSU Innovation Park and an office at NASA’s John
C. Stennis Center in Mississippi. The LTTO is the official entity in Louisiana for
the Small Business Innovation Research (SBIR) and Small Business Technology Transfer
(STTR) programs.
SBIR-STTR
The Small Business Innovation Research (SBIR) program is a highly competitive program that encourages domestic small businesses to engage in Federal Research/Research and Development (R/R&D) that has the potential for commercialization. Through a competitive awards-based program, SBIR enables small businesses to explore their technological potential and provides the incentive to profit from its commercialization. By including qualified small businesses in the nation's R&D arena, high-tech innovation is stimulated and the United States gains entrepreneurial spirit as it meets its specific research and development needs.
The Small Business Technology Transfer (STTR) is another program that expands funding opportunities in the federal innovation research and development (R&D) arena. Central to the program is expansion of the public/private sector partnership to include the joint venture opportunities for small businesses and nonprofit research institutions. The unique feature of the STTR program is the requirement for the small business to formally collaborate with a research institution in Phase I and Phase II. STTR's most important role is to bridge the gap between performance of basic science and commercialization of resulting innovations.
SBIR and STTR Mission and Program Goals
The mission of the SBIR and STTR programs is to support scientific excellence and technological innovation through the investment of Federal research funds in critical American priorities to build a strong national economy.
SBIR Goals
- Stimulate technological innovation
- Meet Federal research and development needs
- Foster and encourage participation in innovation
and entrepreneurship by socially and economically
disadvantaged persons - Increase private-sector commercialization of
innovations derived from Federal research and
development funding
STTR Goals
- Stimulate technological innovation.
- Foster technology transfer through cooperative
R&D between small businesses and research
institutions. - Increase private sector commercialization of
innovations derived from federal R&D.
SBIR's Four-Phase Program
| Phase | Description |
|---|---|
| Phase 0 |
A Louisiana-based program, administered by the LTTO, that is designed to stimulate
interest |
| Phase I |
Based on proposals solicited by participating agencies. These solicitations contain
topics
|
| Phase II |
Based upon the results of Phase I, and the scientific and technical merit of the Phase
II |
| Phase III |
The company actually pursues a commercial application of the R&D conducted during |
For more information on these programs, visit the SBIR-STTR website.