Small Business Innovative Research (SBIR) Contract

A type of contract designed to foster technological innovation by small businesses with 500 or fewer employees. The SBIR contract program provides for a three-phased approach to research and development projects: technological feasibility and concept development; the primary research effort; and the conversion of the technology to a commercial application.

Updated on
September 9, 2022
Published on
June 20, 2018
The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
SCORE
Counselors to America's Small Bus...
Current Assets
A balance sheet item which equals...
Days Receivable
A measure of the average time a...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Credit Elsewhere Test (CET)
The test to determine the...
Income Statement
Shows the entity’s income and...
GPM%
The measure of every sales dollar left...
NAICS
NAICS codes are common...
Injury Analysis
Measures the effects of...
Applicant/Co-Applicant
Business entity and person requesting...
Affiliated Group
When two or more...
Phase 1
Process used to determine the...
Operating Leases
are deducted on the company’s...

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