iact july 2013
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Merrie London, Manager CT SBIR
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• Win more than $1 Million in grants
• Win more than one per year
• Win grants year after year
• Retain your Intellectual Property
• Become “sole source” supplier
What if We Said You could…
You CAN!
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“SBIR”
Small Business
Research
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WHAT’S IN IT FOR YOU?
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A GREAT way to fund the R&D
foryour Start-Up
Company
SBIR
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A GREAT way to fund new
product development
for an established company.
SBIR
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IT Software CompanySocial Network for solving Cold Cases
Check to see if it existsMissing persons, FBI etc.
Align with Expert team – John WalshDiscuss with Facebook
Talk to an agency that cares
Just Driving Along
Innovative Idea, Great Team, Solve a Problem – Game Changer
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The Federal SBIR Program Began in 1982
Essentially . . .
To transfer technology from small
high-tech companies and universities
into government and industry.
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SBIR Program
The largest Federal source
of seed capital for early-stage technology
businesses.2,500+ companies
annually.
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11 Federal Agencies Participate
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Annual Pot = 2.7% Research Budgets
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75% Comes from 2 Agencies
50% DOD
25% NIH 25% 9 other
agencies
NASA, DOE, NSF, DHS, USDA, DOC, ED, EPA, DOT
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Example: National Science Foundation
2012 Stats $118.3 million grants 48 states represented 632 businesses funded Median company age: 4 years Median # of employees: 5 Supplemental grants available
High Technical RiskHigh Commercial Reward
NSF photo: John Consoli, University of Maryland
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11 Federal Agencies
Several Agencies
Respond to an ACTUAL topic or problem that needs to be solved - quite specific
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What If YOU Have An Idea?
Propose your idea to these agencies:
Department of Homeland Security
National Institutes of Health National Science Foundation Dept of Energy Dept of Education
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Eligibility Overview
US owned – more than 50%, some majority ownership is now allowed
Only Businesses can win (for profit)
500 or fewer employees
Headquartered in US, work done in US
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Overview - STTR
Same as SBIR except Cannot be majority owned Partner with research
institution Agreement in place
Principal Investigator May come from the research
institution (expertise)
Up to 60% May go to research institution –
minimum 30%
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Chances of Winning
10% - 50%
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Phase I: Feasibility Study
up to $150K
Phase II: Develop Prototypeup to $1,000,000
Phase III:Commercialize
Three-Phase Program
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6 – 12 month feasibility study
1/3 of all winners have NEVER won before
Generally, you need to win a Phase I to move on to a Phase II
You can win more than one a year – year after year
Competitive – not easy to win
Phase I - $150,000
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Build, test and refine a prototype Takes 2 years to complete
Sole source supplier – if agency is willing to purchase
You can win more than one a year – year after year
50% chance of winning a phase II
Phase II - $1,000,000
Must have strong commercialization potential
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Phase I + Phase II=
And the good news
is . . .
$1,150,000
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It’s not a loan….
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Secret to Funding . . .
Solve Problems
Groundbreaking Significance
Find an Agency that Cares
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Technology Assessment Reports
Proposal Reviews
New – State Grants!
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Don’t LeaveMoney on the Table
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ANY Questions???
Merrie London
865 Brook Street, Building 1Rocky Hill, CT 06067
www.ctinnovations.com