The Small Business Technology Transfer (STTR) program is a federal initiative designed to promote collaboration between small businesses and research institutions. It aims to facilitate the commercialization of innovative technologies developed through research. By providing funding, STTR helps small businesses transform scientific discoveries into marketable products and services. STTR grants are awarded to small businesses that partner with nonprofit research organizations, such as universities or federal laboratories. This collaboration allows for the sharing of expertise and resources, ultimately enhancing the potential for successful technology transfer and economic growth in various sectors, including healthcare, energy, and defense.