Description
The Civilian Commercialization Readiness Pilot Program (CCRPP) is a program that aims to accelerate the transition of SBIR and STTR funded technologies to commercialization. The program provides funding to small businesses that have completed a Phase II award and are looking to further develop their technology. The program requires a matching investment from an external investor, which can be a company, venture capital firm, individual investor, or non-SBIR/STTR government program. The investment must be used to fund work that directly furthers the development and/or commercialization of the company's SBIR/STTR technology. The program has a maximum award amount of $5 million per award, with NASA providing up to $2.5 million in SBIR/STTR program funds and the external investor providing the remaining amount.
Some key points to consider for this opportunity include:
• The program is open to small businesses that have completed a Phase II award and are looking to further develop their technology.
• The program requires a matching investment from an external investor.
• The investment must be used to fund work that directly furthers the development and/or commercialization of the company's SBIR/STTR technology.
• The program has a maximum award amount of $5 million per award.
• The program is administered by NASA, and applications must be submitted via ProSAMS.