november 2013 utah’s sbir-sttr assistance center bioutah 1 utah’s sbir-sttr assistance program...
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November 2013 Utah’s SBIR-STTR Assistance Center BioUtah
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Utah’sSBIR-STTR
Assistance Program
November 6, 2013Salt Lake City, Utah Grand America Hotel
November 2013 Utah’s SBIR-STTR Assistance Center BioUtah
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Non-equity position dollars
0% Technology ownership
0% Intellectual Property
$0 Payback of funds
0 Gotchas (but…rules and hoops)
Utah’s SBIR-STTR Assistance Program
Financing Your Venture
for Research/ Development
November 2013 Utah’s SBIR-STTR Assistance Center BioUtah
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Competitive 3 Phase Program Phase I = Startup phase
$150,000~ 6 months Exploration of the technical merit or feasibility of an idea or technology
Phase II = Research and Development
$1,000,000~ Up to 2 years Developer evaluates commercialization potential Generally - Only Phase I award winners considered
Phase III = Innovation moves into the marketplace Funding from private sector or other non-SBIR federal agency funding
Utah’s SBIR-STTR Assistance Program
Financing Your Venture
November 2013 Utah’s SBIR-STTR Assistance Center BioUtah
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Utah’s SBIR-STTR Assistance Program
Financing Your Venture
SSAC 28% Win Rate 17% Win Rate Nationally*
* SBIR.gov
Edit/Review All ElementsDocument CoordinationSubmission Assistance
Pre-Application: Assess Eligibility Verify Registrations Team Assessment
Program IdentificationContact Program Manager Commercialization Assessment
November 2013 Utah’s SBIR-STTR Assistance Center BioUtah
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Utah’s SBIR-STTR Assistance Program
Financing Your Venture
• 15,000 firms• $21 billion in research• Resulting in 50,000 patentsMicrochip – Qualcomm * Irwin Mark Jacobs
The grants funded research that led to some of Qualcomm’s most successful wireless technologies. “With one of the grants, we developed some of the first
chips we did at Qualcomm, if not the first,” Jacobs said. “Of course, making chips for cellphones is about two-thirds of our revenue today, and that was the base.”
POLITICO 2/17/11 http://www.politico.com/news/stories/0211/49659.html#ixzz2jKbwGnHi
November 2013 Utah’s SBIR-STTR Assistance Center BioUtah
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Utah’s SBIR-STTR Assistance Program
Financing Your Venture
Local Success:• Continued Research
Ceramatec Turner Innovations/Aribex
• Attracting partners/funding Jade Therapeutics Veristride
Silicon Technologies Inc.
….more! http://www.innovationutah.com/sbir/ssac-success-stories/
November 2013 Utah’s SBIR-STTR Assistance Center BioUtah
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Over $2.8 billion in grants
Small Business Technology Transfer (STTR)• Transfer technology out of research institutions• 0.40% of extramural research budgets over $1 billion go to this program
Mandated by Congress Funding level is specified by Federal law
Small Business Innovation Research (SBIR)• 2.8% of extramural research budgets over $100 million go to this program
Utah’s SBIR-STTR Assistance Program
Financing Your Venture
November 2013 Utah’s SBIR-STTR Assistance Center BioUtah
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• Department of Agriculture• Department of Commerce• Department of Defense• Department of Education• Department of Energy• Department of Health and Human Services• Department of Homeland Security• Department of Transportation• Environmental Protection Agency• National Aeronautics and Space Administration• National Science Foundation
These agencies designate R&D topics and accept proposals during specific deadlines.
Utah’s SBIR-STTR Assistance Program
Financing Your Venture
November 2013 Utah’s SBIR-STTR Assistance Center BioUtah
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Government NeedsFund Innovation• High risk• Early stage projects
“Important/ critical inventions and innovations that may not be considered by other types of venture funding…”
Examples: • GPS system• QualComm chip• Flying car or…. a better life vest
Utah’s SBIR-STTR Assistance Program
Financing Your Venture
November 2013 Utah’s SBIR-STTR Assistance Center BioUtah
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“It isn’t always about having really unusual technology.
Sometimes it’s about being in a position to innovate to solve a specific problem that the DoD or Dept of Ed. needs to address. It’s about having a solution you can propose that fits what people are asking for and having the organization and the wherewithal to put it together and go after it.”
Dr. Michael A. Keene Former Utah State Science Advisor and VP at Ceramatec
Utah’s SBIR-STTR Assistance Program
Financing Your Venture
http://www.innovationutah.com/sbir/ssac-success-stories/
November 2013 Utah’s SBIR-STTR Assistance Center BioUtah
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Solicitation Search
Grant Proposal Guidance
Grant ProposalEvaluation
Grant Proposal Editing
No Match, Keep Trying
Match
Grant ProposalSubmission
Utah’s SBIR-STTR Assistance Program Can Help
Consultation
and/or …
and/or …
and/or …
Utah’s SBIR-STTR Assistance Program
Financing Your Venture
28% Win Rate
November 2013 Utah’s SBIR-STTR Assistance Center BioUtah
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Upcoming Events: Lunch and Learn – Overview of the Program• 2nd Wednesday of Month• Free (with cookies provided)
• Noon – 1:00 • Miller Campus/ Salt Lake Community College• a
Coming in January:• UVU Business Resource Center in January• Make Your Phase I a Winner –
– Full in Sandy – November 14
Utah’s SBIR-STTR Assistance Program
Financing Your Venture
November 2013 Utah’s SBIR-STTR Assistance Center BioUtah
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Mary Cardon 801-957-5249 [email protected]
Linda Cabrales 801-957-5239 [email protected]
Breanne Johnson 801-957-5238 [email protected]
Upcoming Deadlines
Proudly located at and in partnership with SLCC- Miller Campushttp://www.innovationutah.com/sbir/
• National Science Foundation – SBIR: Due December 2• National Science Foundation – STTR: Due December 4• Department of Health/Human Services: Due December 5
Thanksgiving is November 27…
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Utah’s SBIR-STTR Assistance Program
Financing Your Venture
Utah’s SBIR-STTR Assistance Center
Helps Your Company Win