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.
Depreciation
A non-cash operating expense that...
Applicant/Co-Applicant
Business entity and person requesting...
Applicant Entity
The business entity requesting...
Liabilities
A financial obligation...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Electronic Data Interchange
Transmission of information bet...
Contracting
Purchasing, renting, leasing, or...
Emerging Small Business
A small business concern whose...
Partnership
A type of unincorporated business org...
Affiliates
Business concerns, organizations, or...
Phase 2
Process to be used to determine economic injury for...
GPM%
The measure of every sales dollar left...
Hardship Waiver
Method used to approve a...
Joint Venture
In the SBA Mentor-Protégé Program...
Cash Flow Test
Part of the CET that determines if...

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