2007 SBIR Overview

Slide1: 

Support for Innovation 2007 Federal SBIR/STTR Program Florida Small Business Development Center Network © 2007 Florida Small Business Development Center Network

Slide2: 

Funded in 1976 by the U.S. SBA as 1 of 8 original SBDC pilot programs in the U.S. Professionally staffed by almost 100 SBDC Certified Business Analysts, supported by faculty and students and located at 33 centers across Florida. Hosted by 14 Florida Universities and Colleges Florida SBDC Network Background © 2007 Florida Small Business Development Center Network

Slide3: 

Florida SBDC Network Service Center Locations Pensacola Ft. Walton Beach Panama City Tallahassee Madison Perry Jacksonville (2) Gainesville Ocala Orlando Daytona Beach Sanford Sebring Melbourne Kissimmee Tampa Sarasota St. Petersburg Bartow Venice Temple Terrace Ft. Myers Immokalee Port Charlotte Cape Coral Boca Raton Ft. Lauderdale (2) Port St. Lucie Jupiter Miami Key West State Director’s Office Regional Centers Satellite Centers 33 Centers Statewide involving: 7 State Universities 7 Communities Colleges SBDC services are also provided at approximately 60 other locations, through our resource partners, including local government, chambers of commerce, economic development organizations, business incubators, workforce development centers and commercial lenders. © 2007 Florida Small Business Development Center Network

FSBDCN Professional Development: 

FSBDCN Professional Development The Florida SBDC Network has been instrumental in the design and development of the Association of Small Business Development Centers’ (ASBDC) nationally recognized “Technology Core Competency Training and Certification Program.” Approximately 30 Florida SBDC Network Certified Business Analysts (CBAs) have participated in this and other advanced professional development training leading to their Technology Counselor Certification. © 2007 Florida Small Business Development Center Network

Slide5: 

Leverages the capabilities of the FSBDCN to support entrepreneurs and academic researchers engaged in innovative physical and bioscience research. Facilitates technology transfer and development, leading to the rapid commercialization of products and process by entrepreneurs. Serves as a bridge between entrepreneurs, investor community, university researchers, federal laboratories and economic development resources. Florida SBDC Network Business Technology Commercialization Program Created in 2003 © 2007 Florida Small Business Development Center Network

Slide6: 

BTC Program Provides entrepreneurs with linkages to university resources, including: Researchers Laboratories and Technology Licensing Sources of Capital Business Incubator Space Federal Labs Technology Networks Assists in establishing R&D partnerships for joint research, technology transfer, and other collaborations on: Product or Process R&D Systems Integration Productivity and Quality Improvements © 2007 Florida Small Business Development Center Network

BTC Client Services: 

BTC Client Services Over 30 CBAs from the FSBDCN serve as specialists in technology who provide technical and business resource information, guidance and referral for entrepreneurs on issues related to product or process R&D, commercialization and manufacturing. Some areas of assistance include: Technology Assessments/Reviews Intellectual Property Assessments State of Florida Business Incentives Secondary Market Financing Referral to Angel Networks (high net worth individuals) and Venture Capital Firms Federal SBIR/STTR Funding Programs University and Federal Lab Introductions © 2007 Florida Small Business Development Center Network

BTC Client Services: 

BTC Client Services One example of Florida SBDC Network assistance to entrepreneurs seeking funding for R&D Small Business Innovation Research (SBIR) and the Small Business Technology Transfer (STTR) Program (SBIR Program) © 2007 Florida Small Business Development Center Network

SBIR STTR Background: 

SBIR STTR Background Authorized by Congress in 1982 Reauthorized 1986, 1993 and 2000 Statute requires that each Federal agency having an extramural research and research and development (R&R&D) budget in excess of $100 million, reserve 2.5% of that budget for competitive award to small business concerns. © 2007 Florida Small Business Development Center Network

Small Business Innovation Research Program SBIR: 

Small Business Innovation Research Program SBIR Three Phase program 11 Federal Agencies $2 billion available in 2006-07. Phase I Project Feasibility up to $100,000* for six month Phase II Project Development to Prototype up to $750,000* for up to two years (*or more) Phase III Commercialization Government Contract or Market Opportunity © 2007 Florida Small Business Development Center Network

Qualifying for SBIR: 

Qualifying for SBIR SBIR funds early stage R/R&D that serves a need of the federal agency and/or has the potential for commercialization. Eligibility Requirements American-owned and independently operated For-profit Principal researcher employed by business Company size limited to 500 employees © 2007 Florida Small Business Development Center Network

Other SBIR Requirements: 

Other SBIR Requirements The principal investigator involved in the research must be primarily employed by the proposing firm; A minimum of two-thirds of Phase I and one-half of Phase II work must be performed by the proposing firm; and All work must be performed within the United States. © 2007 Florida Small Business Development Center Network

11 Federal SBIR Agencies: 

11 Federal SBIR Agencies DOE: http://www.science.doe.gov/sbir    DOA: http://www.csrees.usda.gov/fuding/sbir/sbir.html    DHHS: http://grants.nih.gov/grants/funding/sbir.htm DOC: http://www.oar.noaa.gov/ORTA/SBIR http://nist.gov/sbir                    DOT:    http://www.volpe.dot.gov/sbir EPA:   http://www.epa.gov/ncer/sbir   DOD:  http://www.acq.osd.mil/sadbu/sbir NASA: http://sbir.nasa.gov/  DoEd: http://www.ed.gov/programs/sbir/applicant.htm NSF: http://www.nsf.gov/eng/sbir  DHS: http://www.hsarpasbir.com/  © 2007 Florida Small Business Development Center Network

Slide14: 

Other Criteria Paperless Proposal Process Electronic Submissions Required Competition: About 40% of the SBIR Phase I awards made each year go to firms with no prior SBIR experience. © 2007 Florida Small Business Development Center Network

SBIR FAST TRACK(a mechanism for increasing Phase II awards to $1M+): 

SBIR FAST TRACK (a mechanism for increasing Phase II awards to $1M+) SBIR Fast Track – a process for SBIR projects that attract matching cash from an outside investor for the Phase II SBIR effort. The purpose is to focus SBIR funding on those projects that are most likely to be developed into viable new products that the agency or others will buy. To qualify for Fast Track the proposing company and investor must: State that outside investors will co-fund the SBIR Phase II Fast Track proposal, in cash, contingent on the company's selection for Phase II award. Commit a minimum of $100,000 up to a maximum of $500,000. Agency will match up to 50% of funds received if the proposal is selected for funding. Certify that the matching funding qualifies as an "outside” investor. Outside investor funding must be transferred to the company within 60 days after being notified of being selected for a Phase II award. © 2007 Florida Small Business Development Center Network

Small Business Technology Transfer (STTR): 

Small Business Technology Transfer (STTR) THREE Phase Program with 6 Agencies Phase I Project Feasibility Up to $100,000 for one-year Phase II Project Development to Prototype Up to $750,000 for two years Phase III Commercial Application Private Sector Market © 2007 Florida Small Business Development Center Network

STTR Qualifications: 

STTR Qualifications Small Business Qualifications American-owned and independently operated For-profit Principal researcher need not be employed by small business Company size limited to 500 employees (No size limit for nonprofit research institution) Nonprofit Research Institutions Must Also Meet Certain Eligibility Criteria Located in the US Meet one of three definitions Nonprofit college or university Domestic nonprofit research organization Federally funded R&D center (FFRDC) © 2007 Florida Small Business Development Center Network

6 Federal STTR Agencies: 

6 Federal STTR Agencies Department of Defense Department of Energy Department of Health and Human Services Department of Homeland Security National Aeronautics and Space Administration National Science Foundation © 2007 Florida Small Business Development Center Network

Proposal Submission Deadlines: 

Proposal Submission Deadlines SBIR and STTR Proposals are solicited by agencies. Agencies do not accept unsolicited proposals for the SBIR or STTR Programs. Some agencies hold and annual competition. Others are quarterly. Check agency or the Florida SBDC Network Technology web page for links to current solicitations. © 2007 Florida Small Business Development Center Network

Slide20: 

Any Regional Center in the Florida SBDC Network can lead you through the SBIR and STTR proposal process. You may also view additional information on SBIR/STTR Programs, including current solicitations, on the FSBDCN Technology web page: www.floridasbdc.com/specialprograms/technology.asp If you represent a venture engaged in the physical or life sciences and require other specialized services, after a preliminary assessment, on your behalf, a CBA from the FSBDCN Regional Centers may access the Business Technology Commercialization Program for additional resources. © 2007 Florida Small Business Development Center Network