The State Science and Technology Institute, better known as SSTI, has analyzed a decade of awards under the federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. The analysis covers 2011 to 2020, the most recently available complete data, and examines which agencies make the most awards in each state and how each state’s composition of awards compares to the national profile.
How does Tennessee rank with each agency? Some of it might surprise you.
- The U.S. Department of Energy is not the largest or even second largest source. It ranks third with 19 percent of SBIR and STTR awards.
- The largest source of these funds, particularly for tech-based start-ups, is the Department of Defense (35 percent) followed by the Department of Health and Human Services (23 percent).
- The Volunteer State did not win any SBIR or STTR awards from four federal agencies – Departments of Commerce, Homeland Security, and Transportation and the Environmental Protection Agency.
Click here to see the chart.