Michael Braukus Headquarters, Washington Jan. 25, 2002 (Phone: 202/358-1979) RELEASE: 02-05 NINE SMALL BUSINESS PROJECTS SELECTED FOR FUTHER DEVELOPMENT NASA has selected nine research proposals for negotiation of Phase 2 contract awards for its 2000 Small Business Technology Transfer (STTR) Program. Phase 2 continues development of the most promising previously selected Phase 1 projects. Selection criteria include scientific and technical merit, future importance and eventual value of the innovation to NASA, company capabilities, and commercial potential. Funding for Phase 2 contracts may be up to $500,000 for a two-year performance period. A total of 15 Phase 2 proposals were submitted by contractors completing Phase 1 projects. All proposals were peer-reviewed for both technical merit and commercial potential. The combined award total for the nine Phase 2 contracts is expected to be $4.5 million. The goals of the STTR program are to stimulate technological innovation; increase the use of small business, including women-owned and disadvantaged firms, in meeting federal research and development needs; and increase private sector commercialization of federally funded research results. Two of the nine companies being announced today are disadvantaged firms. The program also requires small businesses to conduct cooperative research and development by partnering with a research institution. The NASA STTR Program Management Office is located at the Goddard Space Flight Center, Greenbelt, Md., with executive oversight by NASA's Office of Aerospace Technology. Individual STTR projects are managed by NASA's field centers. A listing of the selected companies can be found on the Internet at: http://sbir.nasa.gov -end-