Small Business Association Government Agency set-up to help facilitate the

development of small businesses Small Business Innovation Research (SBIR)

Supports and oversees small business innovative research and technology transfer

Small Business Investment Company (SBIC) Created in 1958 to fill the gap between the

availability of venture capital and the needs of small businesses in start-up or growth situations.

What is the main difference between the SBIR and SBIC in terms of their funding source?