SBIR funding is unique in that it does not have to be matched, nor does it ever have to be repaid by the small business. It also is not an equity investment that will dilute ownership. The award monies can be used to fund most costs directly associated with the R&D project – e.g., salaries/wages, benefits, supplies and materials, and in some cases, equipment. The money can also be used to pay a share of the awardee’s overhead and administrative expenses and even pays the awardee company a profit of up to 7%.