period. Renewals are not allowed for the Small Business Innovation Research (SBIR) program. ASSISTANCE CONSIDERATIONS: Formula and Matching Requirements: This program has no statutory formula. Institutions are required to share in the cost of each research project resulting from an unsolicited proposal by a contribution to any cost element in the project, direct or indirect. Cost-sharing may not apply to solicited proposals, or to conferences and symposia, publication, travel, or logistic support. A minimum cost-sharing of one- third of total costs is required for equipment grants. Some cost-sharing is also expected for Engineering Research Centers and Industry/University Cooperative Research Centers. The Small Business Innovation Research (SBIR) program is a phased project program. Phase I is a feasibility study up to 6 months. Phase II is the principal research program for up to 24 months. The Grant Proposal Guide (GPG)(Chapter II) and the Grant Policy Manual (Sec. 330) provide additional information as to these requirements. Length and Time Phasing of Assistance: Normally 6 months to 3 years, occasionally longer. Assistance is disbursed by letter of credit or as required. POST ASSISTANCE REQUIREMENTS: Reports: For multi-year grants, annual technical progress reports are required. Within 90 days after the expiration of a grant, the grantee is required to submit final expenditure information and a final project
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