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Winning Strategies to Fund Your Innovation


Federal SBIR and STTR Programs: Winning Strategies to Fund Your Innovation
(Phase I SBIR/STTR Activities Will Be the Focus of this Seminar)

Date: To be announced
Location:The Federal Sales Academy in Bethesda, Maryland
Time: 8:30 a.m. to 3:30 p.m.
Cost: $500 per person

The federal government will award more than $3 billion dollars in SBIR (Small Business Innovative Research) and STTR (Small Business Technology Transfer) program grants to some 4,000 small businesses in FY 2007- 2008. According to the SBA’S web site, the purpose of the SBIR and STTR initiatives is to provide “qualified small business concerns with opportunities to propose innovative ideas that meet the specific research and development needs of the federal government.” By Congressional mandate, federal agencies must allocate two percent (2%) of their budgets to these programs. Because both initiatives have been well publicized and have been around for approximately twenty years, winning a SBIR or STTR award is very difficult and the competition intense. Unfortunately, many entrepreneurs and small businesses will spend countless hours putting together a proposal only to be turned down because they did not have the right strategies in place to be competitive.

Fedmarket’s seminar will provide not only the basics of the SBIR and STTR programs but also the successful strategies employed by high technology research and development companies in getting their proposals approved and funded. The morning session addresses the fundamentals of each program as well as what makes each unique. We will also discuss those federal agencies participating in the SBIR and STTR programs and how the proper development of your company’s initiative makes your plan attractive to multiple agencies. The afternoon session examines the proposal process itself and what you must do to create a competitive proposal (Note - this means more than following the agency’s proposal guidelines). Finally, find out the good news about not winning an award and what lies ahead for those who have won.

Special Guest Speaker: Jack Selter

Fedmarket's special guest speaker, Jack Seltzer, has been directly involved in technology development for the past twenty (20) years. Mr. Seltzer has, in his capacity as a project manager for applied research and technology transfer programs, worked with entrepreneurs, technology companies and small businesses to bring their technology to the government and commercial marketplace. He has, in partnership with colleges and universities, economic development agencies, Small Business Development Programs and commercialization centers, actively participated in the development and presentation of more than thirty (30) SBIR/STTR workshops and seminars. Fedmarket.com has made special arrangements with Mr. Seltzer to have him present his unique perspectives and insights at the Federal Sales Academy in Bethesda, MD.

Seminar Content

Winning Strategies for Participating in the Federal SBIR and STTR Programs
(Phase I SBIR/STTR Activities Will Be the Focus of this Seminar)

Introduction

  • Purpose and intent of SBIR and STTR programs
  • Types of funding mechanisms
  • What you need to have in place to compete
  • Going it alone or project teaming
  • Your likelihood or odds of success
  • Past winning ideas

Understanding the Who, What, Where, and When of SBIR and STTR

  • Developing and selling your initiative
  • Matching your proposed plan with agency needs
  • Understanding agency requirements and your funding chances

Beginning the Proposal Process

  • Organizing the process before you begin drafting the proposal
  • Confirming agency requirements and timelines
  • Writing in order to address the agency’s need, not your corporate ego’s needs
  • Demonstrating your expertise and reliability/ability to perform

Proposal Phase I Basics - Follow the Agency Rules

  • Summary
  • Technology
  • Management Expertise
  • Timeline
  • Results

Outcome

  • If awarded, being ready for the paperwork and accounting requirements; preparing for a Phase 2 submittal
  • If denied, be prepared to debrief and move forward

Class Schedule
8:30 to 9:00 a.m.   Registration and refreshments
9:00 to 9:30 a.m.  Discussion of participants’ expectations
9:30 to 10:20 a.m.   Introduction
10:20 to 10:30 a.m.   Break
10:30 to 11:50 a.m.   Understanding the Who, What, Where, and When of SBIR and STTR

LUNCH

1:00 to 1:30 p.m.   Beginning the Proposal Process
1:30 to 2:45 p.m.   Proposal Phase I Basics - Follow the Agency Rules
2:45 to 3:15 p.m.   Outcome
3:15 to 3:30 p.m.   Additional Resources, Summary and Seminar Evaluation



 

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