the small business innovation research program u s c e n g i n e e r i n g t e c h n o l o g y t r a...
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The Small Business Innovation Research The Small Business Innovation Research ProgramProgram
U S C E N G I N E E R I N G T E C H N O L O G Y T R A N S F E R C E N T E R
A N A S A R E G I O N A L T E C H N O L O G Y T R A N S F E R C E N T E R
h t t p : / / w w w . u s c . e d u / g o / t t c
Presented by:Ken Dozier, Executive Director
Date:April 2000
SBIR is a federal set-aside program for small businesses.
SBIR funds high-risk, early-stage technology R&D projects that have potential for commercial success.
SBIR funds are not loans!
What is SBIR?What is SBIR?
Presented by:
Ken Dozier
Date:April 2000
Objectives of the SBIR ProgramObjectives of the SBIR Program
Presented by:
Ken Dozier
Date:April 2000
• Stimulate technological innovation
• Use small business to meet federal R&D
needs
• Increase private sector commercialization derived from federal R&D
• Encourage the participation by disadvantaged and minority persons in technological innovation
Total of all agencies is approximately $1.1 Total of all agencies is approximately $1.1 Billion!Billion!
DoDDoD $540 Million (FY00)$540 Million (FY00)
DHHSDHHS $307 Million (FY99)$307 Million (FY99)
NASANASA $89.1 Million (FY99)$89.1 Million (FY99)
DoEDoE $80 Million (FY00) $80 Million (FY00)
NSFNSF $56 Million (FY99)$56 Million (FY99)
USDAUSDA $13.3 Million (FY99)$13.3 Million (FY99)
DoCDoC $7.5 Million (FY99) $7.5 Million (FY99)
DoTDoT $7.4 Million (FY98) $7.4 Million (FY98)
EPAEPA $5.6 Million (FY97)$5.6 Million (FY97)
DoEDDoED $5.3 Million (FY99)$5.3 Million (FY99)
Agency SBIR Funding LevelsAgency SBIR Funding Levels
Presented by:
Ken Dozier
Date:April 2000
Eligibility criteria for small businesses to Eligibility criteria for small businesses to participate in SBIR:participate in SBIR:
• U.S. owned and independently operated, U.S. owned and independently operated,
with principal with principal place of business in the place of business in the
U.S.U.S.
• Organized for profitOrganized for profit
• Fewer than 500 employees, including all Fewer than 500 employees, including all
affiliatesaffiliates
Small Business Participants in SBIRSmall Business Participants in SBIR
Presented by:
Ken Dozier
Date:April 2000
Phase I: Feasibility Study Phase I: Feasibility Study
• Funded at $50,000 to $100,000, depending on Funded at $50,000 to $100,000, depending on the agency the agency
• Six month effortSix month effort
Phase II: Prototype Development Phase II: Prototype Development
• Funded at $225,000 to $750,000, depending on Funded at $225,000 to $750,000, depending on the agencythe agency
• Up to two year effortUp to two year effort
Phase III: Commercialization Phase III: Commercialization
• No SBIR funds available for Phase IIINo SBIR funds available for Phase III
• Small business procures other development Small business procures other development funds, product orders, funds, product orders, intellectual property intellectual property licenses, commercial partners, etc.licenses, commercial partners, etc.
The Three Phases of SBIRThe Three Phases of SBIR
Presented by:
Ken Dozier
Date:April 2000
Approximately 12% of Phase I proposals are Approximately 12% of Phase I proposals are funded, on average, across all agencies.funded, on average, across all agencies.
Approximately 40% of Phase II proposals are Approximately 40% of Phase II proposals are funded, on average, across all agenciesfunded, on average, across all agencies
A Very Competitive ProgramA Very Competitive Program
Presented by:
Ken Dozier
Date:April 2000
• Federal Express Corp.Federal Express Corp.
• Intel Corp.Intel Corp.
• Apple Computer, Inc.Apple Computer, Inc.
• Compaq Computer Corp.Compaq Computer Corp.
• Chiron Corp.Chiron Corp.
In their early days as small start-ups, all of In their early days as small start-ups, all of these companies received support through these companies received support through the SBIR program or from SBA-sponsored the SBIR program or from SBA-sponsored Small Business Investment Companies.Small Business Investment Companies.
You’re in Good Company in SBIRYou’re in Good Company in SBIR
Presented by:
Ken Dozier
Date:April 2000
Investment Sources for Formative Investment Sources for Formative Stage CompaniesStage Companies
Presented by:
Ken Dozier
Date:April 2000
Family and Friends
Up to $100K
SBIR/STTR
Venture Capital
$350K to $850K per project
Average of $7.5 millionin first round*
* Price Waterhouse Coopers MoneyTree US Report, Full Year & Q4 1999 Results
Who’s Getting the Venture Capital?Who’s Getting the Venture Capital?
Presented by:
Ken Dozier
Date:April 2000 Source: Price Waterhouse Coopers MoneyTree US Report, Full Year & Q4 1999 Results
VC Investment by Industry, 1999
0 2000 4000 6000 8000
$ millions
Software
Telecomms.
Bus. Svcs.
Networking
Retail
New Media
Fin. Svcs
Healthcare Svcs.
Consumer Svcs.
Med. Devices
Biotech
Computers
Industrial
Semiconductors
Electronics
Pub./Broadcast
Pharmaceuticals
• Total invested in 1999 was $35.6 billion
• Internet companies received $19.9 billion in 1999
• NASA Far West Regional Technology NASA Far West Regional Technology Transfer CenterTransfer Center
• http://www.usc.edu/go/TTC/NASA/SBIR/index.html
• 213-743-2353213-743-2353
• 800-642-2872800-642-2872
• [email protected] [email protected]
• Participating agency SBIR web sitesParticipating agency SBIR web sites
• eg. NASA eg. NASA
• http://sbir.nasa.govhttp://sbir.nasa.gov
For Further Information . . .For Further Information . . .
Presented by:
Ken Dozier
Date:April 2000