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Published byPriscilla Mason Modified over 9 years ago
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SBIR Grants: How to Get Your New Business Funded and Commercialized
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OCTANe
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501 (c) 6 Business Non-Profit 501 (c) 3 Charitable Non-Profit
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Proprietary and Confidential LaunchPad Output Summary Report
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Top 16 Reasons Why Companies Don’t Get Funded PeopleProductMarketModel CEO Personality Unproven Technology Market Too SmallNot Profitable Inexperienced Not Coachable No Team No Real Problem Technical Overkill No Sustainable Competitive Advantage Flat or Declining Market Competitive Landscape Partner Dependencies Unrealistic Assumptions High Customer Acquisition Costs Product v. Company
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NIH SBIR/STTR Awards by Region $ Millions
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Characteristics of SBIR/STTR grants 12 Federal Agencies (2.8% of Federal R&D Budget) Must be US-based small business Non-Governmental Application Agriculture Commerce Defense Education Energy HHS (note: NIH) Homeland Security Transportation Environmental Protection NASA NSA
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Types and Phases SBIR – Small Business Innovative Research STTR – Small-business Technology Transfer –Collaboration required between university & small business –PI can be university researcher Grants in phases –Phase I – Proof of Concept: $75-$100K –Phase II – R&D: $750K- $1.5M
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Preparing the SBIR/STTR Proposal Identify Grant: http://www.sbir.govhttp://www.sbir.gov Identify PI (from company for SBIR) –Should be competent / experienced –Should not be over extended Identify Grant Writer (100 hours) –Company must submit the proposal (not the university) –Company must register in electronic submission systems Register on Electronic Submission Systems
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OCTANe and UCI Office Hours at Calit2 –Wednesdays 1:30-5 P.M. Contact Information –Paul Symczak, Vice President Entrepreneurship –Paul@octaneoc.orgPaul@octaneoc.org –Matthew Jenusaitis –Matthew@octaneoc.orgMatthew@octaneoc.org
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