TABLE 4-11Average Additional Funding by Category, for Firms That Received Additional Investment in Each Category

Source of InvestmentNumber of Investments ReportedAverage Investment ($)
Non-SBIR Federal Funds2051,621,339
Private Investment from U.S. Venture Capital305,192,267
Your Own Company274305,257
Private Investment from Other Private Equity551,292,124
Private Investment from Other Domestic Private Company105500,981
Private Investment from Foreign Investment19810,788
Personal Funds65215,597
State or Local Government31178,608
Colleges or Universities12138,939

SOURCE: NRC Phase II Survey. See also Table App-A-37.

From: 4, Outcomes

Cover of An Assessment of the SBIR Program at the Department of Defense
An Assessment of the SBIR Program at the Department of Defense.
National Research Council (US) Committee for Capitalizing on Science, Technology, and Innovation: An Assessment of the Small Business Innovation Research Program, Policy and Global Affairs; Wessner CW, editor.
Washington (DC): National Academies Press (US); 2009.
Copyright © 2009, National Academy of Sciences.

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