Three Phases

    Phase I:        Feasibility study to evaluate technical merit

    Phase II:       Principal R&D effort (expands on Phase I results)

    Phase III:      Commercialization of Phase II  

   Funding & Project Duration

SBIR         

Phase I                    Phase II              Phase III

6 months                    2 years                 Non SBIR

$100 K                      $750K                funding             

STTR

Phase I                    Phase II              Phase III

1 year                       2 years                   Non STTR

$100K                     $500K                    funding