Being a small business owner is hard. Luckily, the funding from Small Business Technology Transfer (STTR) Grant will help a lot. In my experience, the best part of STTR is as follows:
1. The small business can start fast! STTR directly allows transfer of technology from non-profits such as Universities, National Labs, Research Institutes.
2. Up to 60% of funding can go to Universities, National Labs, Research Institutes.
3. Quick review/award turn-around, typically 2-3 months.