Post on 17-Jan-2018
description
Small Business Innovation Research Program (SBIR)
Presented bySharina Broughton
211/03/03
Overview• SBIR• STTR• Benefits• Qualifications• Funding Agencies• Three Phase Program• Writing a Proposal• Submitting a Proposal• FAST Track
311/03/03
What is SBIR?
Highly competitive program Provides funding for small technology
businesses (or individual entrepreneurs who form a company
Encourages exploration of technical potential of ideas
Rewards innovation Funding available from 10 federal agencies
411/03/03
What is STTR?
Highly competitive program Provides funding for small businesses working
cooperatively with researchers at universities and other research institutions
Includes a joint venture between small business and nonprofit research institutions
Funding limited to five federal agencies
511/03/03
Benefits
By helping thousands of small businesses compete for federal research and development awards, SBIR has
Enhanced nation’s defense Protected our environment Advanced health care Improved ability to manage and manipulate data
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Small Businesses Gain. . .
Funding Credibility Visibility Ownership of intellectual property Full equity ownership
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Eligibility Requirements
American owned Independently operated For-Profit Principle researcher employed by
business Less than 500 employees
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Size of Businesses that Win
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Departments and Funding (in millions) SBIR Agencies
Department of Agriculture $13.3(1999) Department of Commerce $7.5(1999) Department of Education $5.3(1999) Department of Transportation $7.4(1998) Environmental Protection Agency $5.6(1997)
SBIR/STTR Agencies Department of Defense $540(2000) Department of Energy $80(2000) Department of Health and Human Services $307(1999) National Aeronautics and Space Administration $89.1(1999) National Science Foundation $56(1999)
Note: Applications may be submitted to different agencies for similar work
Three Phase Program
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Phase I: Project Feasibility
Startup phase Awards up to $100,000 for six months Supports exploration of technical merit or
feasibility of an idea
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Phase II:Project Development to Prototype
Expansion of Phase I Must complete Phase I Awards up to $750,000 for as long as two
years Research and development work
performed Developer evaluates
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Phase III: Commercialization
Expansion of Phase II Must complete Phase II No funding Must find funding from private sectors or
other non SBIR federal funding agency Transition from laboratory to marketplace
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SBIR Phases vs. STTR Phases
Source: http://www.acq.osd.mil/sadbu/sbir/overview/index.htm
Tips for Writing a Proposal
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Proposal Components
Problem Significance of problem Solution Impact of solution Technical objectives Detailed work schedule
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Why should they choose your company?
Credibility Experience in related area Qualifications of key personnel consultants
and facilities
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Key Factors in Proposal Writing
Originality Quality Benefits Expertise Feasibility
FAST Track
Federal and State Technology Partnership Program
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What is FAST Track?
A competitive grants program where outside investors match SBIR/STTR Phase II funding in order to accommodate for the period between Phase I and Phase II in which there is no funding
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Requirements
Phase II award application form Commitment letter submitted by investor Revised statement of work (SOW) for Phase I Revised cost proposal for the Phase I option to
reflect additional matching funds Phase I status report (less than four pages)
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Summary SBIR is a good start to funding a small
business and gaining notoriety In order to compete for funding,
businesses must be able to convince panel of the company’s credibility and inventiveness
FAST Track is a good way to fill the funding gap between Phase I and Phase II
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References SBIR/STTR:
http://app1.sba.gov/faqs/faqindex.cfm?areaID=9 http://www.acq.osd.mil/sadbu/sbir/
FAST Track: http://sba.gov/sbir/indexfast.html http://enterprise.spawar.navy.mil/sbir/ov_ft.htm http://www.sbirhelpdesk.com/fastTrack.asp http://www.dodsbir.net/fasttrack/form.html http://www.toolkit.cch.com/text/P09_4336.asp