BioSTL Fundamentals January SBIR/STTR workshop
Posted December 14, 2016
You are invited to attend:
SBIR/STTR Training
Consider applying for SBIR/STTR grant funding!
As compared to traditional venture capital investments SBIR/STTR grants are:
- Faster – company receives an answer on money in 9-12 months compared to 18 months with VCs
- More successful – companies have a much higher success rate with these grants than with venture capital
- Similar amount of money - over 3 phases, you can receive up to $4.725 million from the NIH, comparable to an “A” venture round.
- Non-dilutive – grants are just that – grants. You don’t have to give up a financial stake in your company
- January 10: 8am - 4pm (lunch will be provided)
- January 11: 8am - 4pm (lunch will be provided)
The workshop will begin with SBIR/STTR basics, including eligibility requirements, participating agencies, the difference between SBIR/STTR, etc. as well as an overview of the NSF, DoD, DoE and USDA SBIR/STTR programs. Then we will take a deep dive into NIH proposal preparation, including:
- Strategies for targeting your proposal to address NIH’s mission/requirements
- How to approach each section of your proposal
- How to prepare a budget for your proposal (via webinar)
- Writing to meet reviewer expectations
- Planning your commercialization strategy
- Common problems and pitfalls and how to avoid them
The workshop is conducted by SBIR/STTR expert, Michael Kurek, PhD, who has trained hundreds of individuals from SBIR novices to tenured faculty and experienced SBIR entrepreneurs. Grant and contracts management expert, Kris Bergman, will provide the budget preparation webinar. Both Michael and Kris are with BBC Entrepreneurial Training & Consulting (BBCetc). BBCetc is nationally recognized for its expertise in helping emerging companies win federal funding through the SBIR and STTR programs and use it strategically to propel growth. Feedback from 20 years of attendees has overwhelming endorsed this session as a critical component in successful proposal development.