The General Services Administration is a $45B federal procurement office. Since FY18, they have assisted multiple firms to transition their SBIR/STTR funded products or services into Phase III awards (government sales). You won’t want to miss this session.

The SBIR/STTR Programs are focused on transition and commercialization, and it is important for SBIR/STTR funded businesses to be informed about the various phases and opportunities available.

What is Phase III?

Phase III refers to work that derives from, extends, or completes an effort made under prior SBIR/STTR Funding Agreements, but is funded by sources other than the SBIR/STTR programs. Phase III work is typically oriented towards Commercialization of SBIR/STTR research or technology, including through further R/R&D work.

Phase III is a crucial stage for the commercialization of SBIR/STTR research or technology. It’s an exciting opportunity for businesses to take their innovative products or services to the next level and make a real impact in the federal government procurement arena.