What is Phase III?
Phase III is any non-SBIR dollars that are provided to the company. The Phase III is the goal of most SBIR projects. It can be Government funds or private sector funding. The success of the Navy SBIR program is measured by companies transition there SBIR efforts into products, tools or services that benefit the Navy acquisition community. One important strength of the SBIR program is that once a company has received a Phase I award the follow-on Phase II and III awards can be awarded in a non competitive process since the competitive process took place under phase I. • Do you have to be a Phase I awardee in order to be considered for Phase II of a project? Yes. • What is the small business size standard for purposes of the SBIR Program? A small business concern for purposes of award of any funding agreement under the SBIR Program is one which, including its affiliates, has a number of employees not exceeding 500. [More information] • Are foreign based firms eligible for SBIR awards? No
