CRG is currently the #1 SBIR awardee in the State of Ohio, based on receiving over $50 million in awards on the Small Business Innovation Research (SBIR) program since being founded in 1997. The company also ranks #1 in the same metric over the last year, the last 3 years and the last decade. These SBIR awards have allowed CRG to build a tremendous portfolio of intellectual property they can capitalize on through both subsidiaries and within the core business. The $50 million in SBIR awards has led to an additional $90 million in non-SBIR revenue during the history of the company.
The Small Business Innovation Research (SBIR) program is a highly competitive program that encourages domestic small businesses to engage in Federal Research/Research and Development (R/R&D) that has the potential for commercialization. Through a competitive awards-based program, SBIR enables small businesses to explore their technological potential and provides the incentive to profit from its commercialization. By including qualified small businesses in the nation’s R&D arena, high-tech innovation is stimulated and the United States gains entrepreneurial spirit as it meets its specific research and development needs.