SBIR helps to protect small businesses and enable them to compete along with large businesses. The program is highly competitive and it encourages small businesses to explore their technological potential. SBIR has helped thousands of small businesses compete for federal research and development awards.
Small Business Technology Transfer Program (STTR)
STTR is a federal, small business program that expands funding opportunities in federal innovation and the development arena. This program attempts to foster the innovation that is necessary to meet the nation’s scientific and technological challenges of the 21st century. The program is highly competitive and it reserves a small portion of federal research and development funding to award small businesses and nonprofit research institution partners. For more information, visit the U.S. Small Business Administration website.
Foreign Trade Zone
The City of Temecula is located within San Diego's Foreign Trade Zone designation. Foreign Trade Zones (FTZs) were created in the United States to provide special customs procedures to U.S. plants engaged in international trade-related activities. Duty-free treatment is accorded items that are processed in FTZs and then re-exported, and duty payment is deferred on items until they are brought out of the FTZ for sale in the U.S. market. This helps to offset customs advantages available to overseas producers who compete with domestic industry.