A client checklist for Government Funding

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Presentation transcript:

A client checklist for Government Funding FBIA 2015 Government Resources A client checklist for Government Funding Ricardo Garcia Government Resources Program 18 September 2018

Government Resources Program Agenda Government funding opportunities Our Program Overview Tools Resources Federal Government Registration Checklist Government Resources Program 18 September 2018

Government Resources Program Government Funding Opportunities Government Resources Program 18 September 2018

Why sell to the Government? The U.S. Government is the world’s largest buyer of goods and services They procure over $600+ Billion annually. They advertise their specific needs well in advance. They clearly specify purchasing ground rules There are many Government agencies and programs available to help. Government Resources Program 18 September 2018

Government Resources Program How to determine if your clients should do business with the Government? Opportunity Analysis Is Government business right for your client company? Will the new revenue stream help the company’s growth? Market Analysis What does the market look like? Are there relevant grant or contract opportunities for your company? How much is the Government Spending in this space? Who are some key players in this space? Identify potential collaborators/competitors Government Resources Program 18 September 2018

Small Business Set-Aside SBA’s Role in Government Contracting They recognize that Small businesses have always been the engine for economic growth. SBA works with federal agencies to award at least 23% percent of all prime government contract dollars to small businesses and help federal agencies meet specific statutory goals. Government Resources Program 18 September 2018

Government-wide Statutory Goals Small Business 23 % of Prime Contracts Small Disadvantaged Business 5 % of prime & subcontracts Woman Owned Small Business 5% of prime & subcontracts HUB Zone 3% of prime Service Disabled Veteran Owned Small Business 3% of prime & subcontracts Government Resources Program 18 September 2018

Government-wide Statutory Goals Spending/Goals FY2015 Department of Defense Department of Health and Human Services Government Resources Program 18 September 2018

Government Resources Program Program Overview Government Resources Program 18 September 2018

Services provided to UCFBIP clients Evaluate a company’s readiness to do business with the Government. Provide overview on the procurement & grant process Guidance on the registration process Identify opportunities Federal, State & Local Grant opportunities Market Analysis Analyze spending trends, needs and opportunities. Access award history and expiring contracts Competitor/Collaborator Analysis Government Resources Program 18 September 2018

Government Resources Program Program Overview Phase 0 – Evaluation Assessment Form Initial Meeting Determination Phase 1 – New Registration Guidance Phase 2 – Capable Market Analysis Phase 3 – Engaged Identify Opportunities Assistance pursuing opportunities Government Resources Program 18 September 2018

Government Resources Program Evaluation Assessment Form Designed to help us identify and address your specific needs in the Government space Determine where we can provide focused assistance Please complete and return Government Resources Program 18 September 2018

Government Resources Program Tools Overview Registration “Flight” Checklist Designed to streamline the registration process. Following this checklist the company will: Obtain a DUNS number Identify NAICS codes Register with SAM Obtain a CAGE code Download Government Resources Program 18 September 2018

Government Resources Program Tools Overview Government Resources Program 18 September 2018

Government Resources Program Tools Overview Government Resources Program 18 September 2018

Government Resources Overview UCF BIP Resources BGOV is an online platform that provides data, references, analysis and workflow tools on Government procurement. It provides the ability to analyze spending patterns across agencies, competitors and contracts. Bid monitoring system and single point of entry database. Monitors All Federal agencies & over 2,000 State and Local Governments. Online platform that allows a company to Identify, qualify and pursue federal government contracts, bids and RFPs. Provide market intelligence, data integration and team collaboration BGOV: www.bgov.com Capabilities: Strategic Research Market Intelligence & Analysis New Opportunities Workflow Tools Offers free webinars Proxity: http://www.proxity-ec.com/ Active Government Opportunities Expiring Contracts Award History Find Contracting Officers EZGovOpps: https://ezgovopps.com/home/ Market Intel Identify Opportunities Team Collaboration Competitor Comparison 20% discount to exclusive to Incubator Clients Government Resources Overview 18 September 2018

Government Resources Program Government Grants The Small Business Innovation Research (SBIR) and the Small Business Technology Transfer Research (STTR) are federal programs that enable small businesses to compete for research dollars to test, prototype and commercialize new solutions for needs identified by participating federal agencies. Government Resources Program 18 September 2018

Application & Award Timelines SBIR/STTR Structure Phase I Feasibility Study, Proof of Concept Up to $150K for 6 Months Phase II Full R & D Effort May involve prototype creation & testing, clinical trials Up to $1M for 12 Months Phase III Commercialization Stage Seek external funding (non-SBIR Federal Funding or Private Sources) Application & Award Timelines Government Resources Program 18 September 2018 Solicitation Topics Proposal Submission Evaluation Phase I Award

Government Resources Program SBIR/STTR Phase 0 It is intended to help Florida companies increase their chances of submitting a successful Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) proposal. Up to $3K for eligible expenses Consulting Fees: supporting tech development, commercialization strategies proposal review Professional Fees: Legal, Accounting Writing services, travel, etc. Info Government Resources Program 18 September 2018

Government Resources Program SBIR vs. STTR For SBIR the small business must perform 2/3 of the R&D in Phase I and at least 50% in Phase II. The Principal Investigator must be employed by small business and cannot work full time for another employer. For STTR the small business must partner with a research institution and the small business must perform 40% of the R&D in Phase I & II Government Resources Program 18 September 2018

SBIR/STTR Award & Success FY 2014 Awards 5,086 Awards, Totaling $2.1 Billion Success Ratios Phase I Success Ratio Average Award SBIR 16% $151K STTR 21% $144K Phase II Success Ratio Average Award SBIR 59% $500K STTR 39% $582K *Overall for FY 2012 Government Resources Program 18 September 2018

Government Resources Program Government Funding Broad Agency Announcements(BAA) BAAs are solicitation methods for R&D efforts. The objective is to encourage participation by science and technology firms and educational institutions in meeting the U.S. Government’s R&D goals for innovation . Government Resources Program 18 September 2018

Broad Agency Announcements(BAA) The total dollar value or range of dollar values as well as anticipated period of performance may be stated in the announcement. Generally require 3-5 page white paper AFRL – BAA Guide Government Resources Program 18 September 2018

Government Resources Overview Subcontracting Great way to “get foot in the door” in government contracting. Resources Subcontracting Databases: SBA Subcontracting Network SUB-Net SBA – Subcontracting Opportunities Directory Florida GSA Subcontracting Directory Agency Websites DoD Subcontracting Program Industry Organizations & Events NDIA WID National Center for Simulation Team Orlando Government Resources Overview 18 September 2018

Resources FSBDC/PTAC: Government Contracting Services FSBDC/PTAC was created to assist established Florida businesses with government contracting and procurement support services including but not limited to: Marketing to Government Proposal preparation Contract administration Socio-Economic classifications List of PTACs in Florida Government Resources Program 18 September 2018

Government Resources Program Resources to help your client companies discover the market: Grants www.zyn.com www.sbir.gov www.grants.gov Contracts www.FedBizOpps.gov www.fpds.gov Resources to conduct market analysis. Government Resources Program 18 September 2018

Government Resources Program State Resources The Florida Virtual Entrepreneur Center is a free web portal designed to connect entrepreneurs with business support organizations, programs and service providers who can support their new or growing business. The Florida High Tech Corridor Council is an economic development initiative of three of the country’s largest research institutions—the University of Central Florida, the University of South Florida and the University of Florida. The Council’s mission is to grow high tech industry and innovation through partnerships that support research, marketing, workforce and entrepreneurship. Enterprise Florida, Inc. (EFI) is a public-private partnership between Florida’s business and government leaders and is the principal economic development organization for the state of Florida. Government Resources Program 18 September 2018

Government Resources Program Questions? Government Resources Program 18 September 2018

Government Resources Program Ricardo Garcia Government Resources Manager UCF Business Incubation Program Ricardo.Garcia@ucf.edu Office: 407-823-2346 Cell: 321-662-3121 Government Resources Program 18 September 2018