Description of the Indicator
This indicator tracks the number and dollar value of awards issued in Pennsylvania through the federal Small Business Innovation Research (SBIR) program. The program supports research and development by eligible small businesses with the potential for commercialization.
Why is it important?
SBIR activity provides insight into a state’s capacity for innovation, research, entrepreneurship, and technology commercialization. Higher award totals may indicate a stronger concentration of research-focused businesses and greater participation in federally supported innovation programs.
How is Pennsylvania performing?
In 2025, Pennsylvania received 129 SBIR awards totaling approximately $110.9 million. The total dollar amount decreased for the second consecutive year, while the number of awards decreased for the third consecutive year. Both measures remain below their recent peaks.
Description of the Indicator
This indicator tracks the number and dollar value of awards issued in Pennsylvania through the federal Small Business Technology Transfer (STTR) program. STTR supports cooperative research and development between eligible small businesses and nonprofit research institutions.
Why is it important?
STTR activity reflects collaboration between businesses and research institutions and provides insight into a state’s capacity to transform scientific research into commercially viable technologies, products, and services.
How is Pennsylvania performing?
In 2025, Pennsylvania received 27 STTR awards totaling approximately $12.6 million. Both the number and dollar value of awards declined substantially from 2024, when Pennsylvania received 48 awards totaling approximately $25.7 million.