1. Alternative Funding: Bootstrapping to Survival and Success Government Funding Sources Presented By Nick Lawrence
2. …Agenda As a result of this presentation, you will learn… The THREE PRIMARY GOVERNMENT PROGRAMS and the SPECIFIC AGENCIES that provide financial aid to technology-driven small businesses Where to go to receive the ADDITIONAL INFORMATION needed to participate in these federally-funded programs The ADVANTAGES of participating in these federally-funded programs
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4. Provides up to $850,000 in early-stage R&D funding directly
5. To small companies (or individual entrepreneurs who form a company)
6. To small companies working cooperatively with researchers at universities and other research institutions
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8. Fast Track offers an opportunity to obtain a match of between $1 and $4 in DoD SBIR/STTR funds for every invested $1
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10. Phase II (Prototype Development) Awards of up to $750,000, for as many as 2 years. During this phase, the R&D work is performed and the developer evaluates commercialization potential. Only Phase I award winners are considered for Phase II
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12. Phase II(Prototype Development) Awards of up to $500,000, for as long as 2 years, expand Phase I results. During this period, the R&D work is performed and the developer begins to consider commercial potential. Only Phase I award winners are considered for Phase II
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14. Receive interim funding of $30,000 to $50,000 between phases I and II
15. Be evaluated for phase II award under an expedited process
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17. …Primary Sources of Defense-Related Funds For additional information on defense related sources of funds : http://www.dtic.mil/ Central facility for the collection and dissemination of scientific and technical information for the Department of Defense http://www.fbodaily.com FedBizOpps (FBO) is the official listing of all Federal government contracting opportunities and awards over $25,000
19. For additional Information on non-defense related sources of funds: http://www.science.gov/ Science.gov is a gateway to authoritative selected science information provided by U.S. Government agencies, including research and development results (search topics & databases) http://www.pnl.gov/edo/sbir.stm A free service that provides bi-weekly notification of SBIR/STTR news and information
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21. Companies retain the intellectual property rights to technologies they develop under these programs
22. SBIR/STTR is for small businesses only (“Broad Agency Announcements” accept proposals from businesses of all sizes)
28. Companies have the opportunity to be mentored by highly qualified government technical representativesSBIR / STTR…the best kept secret for sources of funds and other assistance for small business
