Author Archive for: Beth
Entries by Beth Zalcman
AN INTRO TO SBIR
Part V: Standard Due Dates for SBIR/STTR Applications The due dates for SBIR/STTR applications are cyclic: January 5 April 5 June 5 September 5 It takes ~2 months from submission until review and score. It can take another 3-4 months to be awarded. The NIH has been working on reducing the amount of time it […]
AN INTRO TO SBIR
Part IV: The NIH Phased Program There are 3 phases to SBIR/STTR awards. Phase I: to establish the technical merit, feasibility, and commercial potential of the proposed R&D efforts. The awards to both SBIR/STTR generally do not exceed $225K; though for SBIR this amount is for 6 months, and for STTR, this amount is for […]
AN INTRO TO SBIR
Part III: Eligibility Only US-based small businesses are eligible and must meet all of the following criteria at the time of award to get funded: For-profit organization Located in the US No more than 500 employees, including affiliates At least 51% US-owned and controlled by individuals who are citizens or permanent residents SBIR-only: Be a […]
AN INTRO TO SBIR
Part II: What’s the difference between SBIR and STTR? SBIRs are intended to fuel growth in the private sector and commercialization of innovations derived from federally funded R&D. This is done by funding small businesses seeking to commercialize innovative biomedical technologies. STTRs are intended to stimulate a “partnership of ideas and technologies” between small businesses […]
AN INTRO TO SBIR
Part I: What are SBIRs/STTRs? The total pocket of non-dilutive funding from the US government is around $50B annually. Most of the non-dilutive funding for life sciences, biotech and medtech comes from the National Institutes of Health (NIH) – around $28B in 2018 (against a total budget of $37B). Through the 24 funding institutes at […]
How to Increase Your Chances of Award When Submitting a Grant Application
Know Your Audience Know your audience – the institute from which you are applying for a grant. Your project should address their areas of interest. To identify these areas, check the institute’s website, review the study section description, and look at the rosters of previous meetings as well as previous awards made. Create Bite-Sized Pieces […]