What is the total annual U.S. DOT SBIR set aside for this program?
U.S. DOT is required to set aside 3.2 percent of its extramural research budget for the SBIR program annually. The U.S. DOT SBIR program has an overall budget of approximately $9-11 million per year, inclusive of Phase I, II, and IIB awards. The estimated values of Phase I and Phase II awards are listed within each solicitation.