Tag: Small Business Support

The Role of SBIR/STTR Programs in Fostering Innovation

The SBIR and STTR programs play a crucial role in bridging the gap between scientific discovery and commercial innovation by providing non-dilutive funding to small businesses. Through these initiatives, the U.S. government empowers entrepreneurs to transform high-risk, early-stage research into viable products that address both federal needs and broader market opportunities. By reserving a portion of federal R&D budgets for small businesses and encouraging collaboration with research institutions, these programs stimulate technological advancement, support economic growth, and expand participation among diverse innovators. Despite a competitive and time-intensive application process, SBIR and STTR funding have driven significant breakthroughs and helped launch successful companies, underscoring their enduring impact on the nation’s innovation ecosystem.

Carmen M. Goers: Leading With Purpose, Succeeding Through Service

I'm honored to share a deeper look at my professional journey—spanning banking, advocacy, and decades of nonprofit board leadership. As I continue exploring ways to serve with purpose and contribute to community-centered organizations, I remain committed to using my skills to make a broader impact. Here is my biography.