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Email: alex.lai@speedbiosystems.com Starting up with government support 来大志 Dazhi (Alex) Lai, Ph.D. Cell: 203-499-8119 Email: alex.lai@speedbiosystems.com.

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Presentation on theme: "Email: alex.lai@speedbiosystems.com Starting up with government support 来大志 Dazhi (Alex) Lai, Ph.D. Cell: 203-499-8119 Email: alex.lai@speedbiosystems.com."— Presentation transcript:

1 Email: alex.lai@speedbiosystems.com
Starting up with government support 来大志 Dazhi (Alex) Lai, Ph.D. Cell:

2 Starting up your own biotech business
Technology Team Money

3 Self funding Detoured self funding Investment Grants Non-diluted Prerequisite for private funding

4 SBIR/STTR (NIH, NSF, DoD)
Small Business Innovation Research Small Business Technology Transfer SBIR vs STTR Researcher-initiated vs Targeted grant solicitations

5 Zero risk Novelty vs Feasibility Facility PI / Team member / Consultants Supporting letters Grant writing service Keep writing (4 or 5 times)

6 DoD Defense Medical Research and Development Program (DMRDP) ebrap.org Maryland TEDCO Seed Investment Fund: $100,000 (up to $200,000 for life science) Need 50% match (cash or in kind) The Maryland Innovation Initiative (MII), up to $265,000, tech from Maryland universities

7 Summarize: You have to apply for a government grant Zero risk, fool proof Keep writing


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