Phase III is the commercialization phase and the ultimate goal of each SBIR/STTR effort. Phase III work derives from, extends, or completes efforts made under prior funding agreements under the SBIR/STTR program. Statute requires that Phase III work is funded by sources outside the SBIR/STTR Program. Small businesses are expected to leverage SBIR/STTR funding to obtain funding from the private sector, non-SBIR/non-STTR government sources, or both to continue research or research and development for commercial applications to sell in either private sector or military markets. Commercial applications can include testing and evaluations of products, services, or technologies for use in technical or weapons systems. Within the DoD, often the initial customer is a prime contractor for a major weapon system or other program of record.
PHASE III GUIDEBOOKS