Small Business Innovation Research Program (SBIR)

Presented bySharina Broughton

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Overview• SBIR• STTR• Benefits• Qualifications• Funding Agencies• Three Phase Program• Writing a Proposal• Submitting a Proposal• FAST Track

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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

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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

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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