1 SBIR/STTR presentation 2/05/2010 Ron Foster Chief Operating Officer, axept LLC Adjunct Professor, microEP

2 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 for agencies, solicitation opening and closing dateswww.zyn.com

3 SBIR Small Business Innovative Research (SBIR) Typical Phase I grant is $ K, 6 months Typical Phase II grant is $ K, 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

4 STTR Small Business Technology Transfer Research (STTR) Typical Phase I grant is $ K, years Typical Phase II grant is $ K, 2 years University portion of grant is % of awarded dollars Principal Investigator (PI) may be employed by university

5 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 % of Phase I, 40% of Phase II grant proposals are awarded

6 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?