During an entrepreneurship class for final-year students, one of the students made a presentation on a biodiesel technology that may bring down the cost of a manufacturing firm by half. You feel that this student could propose her idea to the government and other private agencies if she had the funding, as the technology has the potential to be developed into a successful product. As her lecturer, advise her on the SBIR Program, the three phases, and with the amount of funding available for each phase.