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Federal Grants and Wisconsin's CTC
1. Todd Strother Ph.D.
Center for Technology Commercialization
UW-Extension, Division of Business & Entrepreneurship
2. Sponsors
Congressional History - SBIR / STTR*
• Small Business Administration (SBA)
– directs 11 other federal agencies
• encourages small businesses to undertake
R&D projects that
– Are High Risk, High Payoff
– Have high potential for commercialization
– Disruptive, not iterative
3. Sponsors
STTR
Participating Agencies
• Department of Defense
• Department of Health and Human Services
– (NIH, CDC, FDA and ACF)
• Department of Energy
• NASA
• National Science Foundation
• Department of Agriculture
• Department of Commerce
• Department of Homeland Security
• Environmental Protection Agency
• Department of Transportation
• Department of Education
4. Sponsors
• Phase I Final Report
• Commercialization Plan
• Technical Proposal
• Project Team
• Environment
• Budget
• Sales
• Investment Capital
• Licensing
• Product Rollout Plans
SBIR/STTR Roadmap
Phase I
Feasibility
~$150K
Phase II
Prototype
~$1M
Phase III
Commercial-
ization
Technology Readiness
• Technical Proposal
• Project Team
• Environment
• Budget
5. Sponsors
Highlights of Eligibility
• For-profit company located in US
• Company >50% owned/controlled by:
– US citizens, permanent resident aliens or domestic business
concerns, OR
– Multiple domestic VCs, hedge funds or private equity firms
• <500 employees (including affiliates)
6. Sponsors
What is Your SBIR/STTR “Story“?
• A significant need/problem
• Innovative solution
• 2-3 research questions to answer
• high impact commercial product?
7. Sponsors
Introductions
From Feasibility to Funding
The Center for Technology Commercialization
• Part of the UW-Extension
• Services are no-cost to WI companies
• Assist in preparing SBIR/STTR proposals
• Business and Commercialization plans
• Lean Startup methodologies
8. Sponsors
Consulting and Advice
Client Characteristics
• Have a technology based idea
• Need to do Research and Development
• Looking for funds
• Are unsure of SBIR’s; which agencies and
their fit for funding
9. Sponsors
SBIR Assistance
• 1500 topics across 11 agencies
• Each with different deadlines, formats, focus
• We help
• Determine best fit agency and topic
• Contact the program manager
• Vet your idea
• Executive summary to submission
• Commercialization and Business Plans
10. Sponsors
Contact a CTC Consultant
for more details.
Micro-Grants
Eligible Projects:
•SBIR/STTR Phase I or II Proposal
•Commercialization or Business
Plan CTC-approved
Up to $4,500 per Micro-Grant
Up to $9,000 per company
Company allowed 1 each of
SBIR project plan and
Commercialization plan
Financial and administrative support provided
by the Wisconsin Economic Development
Corporation and UW–Extension
11. Sponsors
SBIR Ready
• Competitive process (SBIR Ideas)
• Provide 4 training sessions
– Problem to solve
– Your solution (specific aims)
– Promoting your solution
– Budgets, Biosketches, registrations
• Up to $3000 for these activities
• Gets you started
– Vetting your idea
– Start preparing a proposal
– Presenting your case
12. Sponsors
SBIR drafts and review
Pre-Submission Review
• Proposals evaluated by 3rd party
review committee
• Scored, Strengths and Weaknesses
• Ways to improve the proposal
• Mimic Fed Review
– Overall Impact
– Significance
– Innovation
– Investigator
– Approach
– Environment
13. Sponsors
SBIR Advance
• Matching Funds for SBIR grants
– Up to $75000 for Phase I
– Up to $150,000 for Phase II (over 2 years)
• Activities not supported by SBIR funds
– Commercialization
– Customer Validation (Lean Startup)
– Pursuing IP protection
– Market analysis
– Some Technical work