Department of Defense supporting entrepreneurs through funding
The Defense Advanced Research Projects Agency birthed the Internet and funds whiz-
bang flying-object projects such as the Northrop Grumman, Switchblade and the Boeing X-37. But DARPA, as the Department of Defense unit is known, also supports entrepreneurs and small businesses through its Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. (STTR involves cooperative projects involving both a small business and a research institution, such as a university or a federally funded 
organization like the Lockheed Martin Energy Research Corp.) For 2009, DARPA set aside $70 million for SBIR and $8 million for STTR programs, and funding for next year is expected to be about the same. Read full story:
