1 sbir/sttr presentation 2/05/2010 ron foster chief operating officer, axept llc adjunct professor,...
TRANSCRIPT
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SBIR/STTR presentation 2/05/2010
Ron FosterChief Operating Officer, axept LLC
Adjunct Professor, microEP
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SBIR/STTR programs
U.S. law, originally established 1982, requires that 10 federal agencies dedicate a certain percentage of their extramural R&D budget to:
SBIR program: 2.5%STTR program: 0.3%
Dollars should be spent on R&D within the U.S. to aid growth of small businesses engaged in high risk research.
See www.zyn.com for agencies, solicitation opening and closing dates
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SBIR
Small Business Innovative Research (SBIR)
Typical Phase I grant is $70 - 100K, 6 monthsTypical Phase II grant is $250 - 750K, 2 years
Maximum of 33% of dollars spent outside of company on subcontractors
Principal Investigator (PI) must be 51% employed with award winning grant company during the work
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STTR
Small Business Technology Transfer Research (STTR)
Typical Phase I grant is $70 - 100K, 1 - 2 yearsTypical Phase II grant is $250 - 750K, 2 years
University portion of grant is 30 - 60% of awarded dollars
Principal Investigator (PI) may be employed by university
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SBIR/STTR administration
Each agency is separately responsible for administration
Many commonalities, but offerors should become familiar with the exact agency rules
Accounting and legal rules tend to be common. The PI takes on full responsibility for observing these rules.
NSF and NIH offer open solicitations. On the other extreme, DoD solicitations are for very specific topics.
About 10% of awards go to first-time recipients.
Roughly 15 - 30% of Phase I, 40% of Phase II grant proposals are awarded
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Free lunch?
There is no such thing as a free lunch.
However, SBIR/STTR programs offer grant $$ that do not have to be paid back!
Questions?