Elements of a Successful SBIR Proposer

  NIH SBIR/STTR Preparation, Proposal Development and Submission Resources

  Agency Solicitation Calendar

  SBIR Awardees Take Part in Graduate Commercialization Consulting Program

  SBIR/STTR Success: Lab-Grown Blood Vessels Could Help Dialysis Patients

  Recap: Raising Capital in Uncertain Times

  NC Qualified Business Investor Tax Credit

  SBTDC's Technology and Commercialization Team and Services

  Book Recommendation - "Business Made Simple"

 


Elements of a Successful SBIR Proposer



At the beginning of the quest for an SBIR/STTR award, people often consider several issues, such as fit of the solicitation or agency to their work, the deadline for a proposal, etc. However, arguably the first thing to consider is a good self-assessment to have a clear understanding of the fit of the program to the entrepreneur and team. 

With that, some key attributes of a successful SBIR venture are as follows:


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NIH SBIR/STTR Preparation, Proposal Development 
and Submission Video Resources
Summarized below is a list of video resources that NIH has made available. The wide range of topics include:

  • A mock review panel
  • Using the NIH RePORT database
  • Budgeting
  • IP protection 
  • ASSIST submission portal 
 
If you are considering an SBIR/STTR submission to NIH, it is well worth your time to listen to some of these videos to get a clear understanding of the inner workings of the NIH SBIR/STTR program. Happy listening!


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Agency Solicitation Calendar

It is important to keep a close eye on SBIR/STTR solicitations that are offered by participating federal agencies.

The current calendar of open and upcoming solicitations is:

AGENCY
PRE-RELEASE
OPENS
CLOSES
NIH

Multiple DatesApril 5, 2021 September 5, 2021
January 5, 2022 
NSF
March 5, 2021June 3, 2021
DoD: 21.B and 21.2 BAAApril 21, 2021May 19, 2021June 17, 2021
DoD: 21.C and 21.3 BAAAugust 25, 2021September 23, 2021October 22, 2021 
EPA
June 2021September 2021
USDA
July 2021October 2021
Commerce: NOAA
October 2021January 2022
NASA
November 2021January 2022
Homeland Security
December 2021January 2022
DoEd
December 2021January 2022
DOE
December 2021February 2022
NOT
February 2022March 2022
Commerce: NIST
January 2022April 2022 


Links to each of the agencies and their solicitations are available at: https://www.sbir.gov/solicitations/open 




SBIR Awardees Take Part in Summer Graduate 
Commercialization Consulting Program



2021 marks the 20th anniversary of this organized summer internship program. 

Eleven graduate student interns from across the state are working with 22 small businesses, many of which are SBIR/STTR awardees. Projects include primary market research, financial analysis, commercialization plan development, market assessments, competitive analysis and more. Participating schools included NC State, UNC-CH, Duke, and Western Carolina. 

The program is a terrific opportunity for graduate students to learn about the technology commercialization process by working directly at early stage companies in a wide variety of industries. 




SBIR/STTR Success: Lab-Grown Blood Vessels
Could Help Dialysis Patients




Originally published at SBIR.gov

Of the 14 percent of Americans that have some form of chronic kidney failure, hundreds of thousands have progressed to end-stage renal disease and are on weekly dialysis treatments, a process that pulls blood out of the body, cleanses it, and pumps it back into the blood vessels. But over time finding a good access point can be tough, either because blood vessels wear down or because they have poor blood flow. 

The Durham, NC company, Humacyte, is developing bioengineered blood vessels that become incorporated into a patient's blood vessels. Because the body regenerates the implanted vessel, it doesn't wear down like other synthetic alternatives. 


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Recap: Raising Capital in Uncertain Times



We recently hosted a 12-month follow-up to our original April 2020 session "Raising Capital in Uncertain Times." Panelists Eva Doss of The Launch Place and Mark Friedman of RTP Capital reviewed the impact of COVID-19 on early-stage funding over the past year and discussed the current funding landscape. 

A recording of the session is available at: 
  

NC Qualified Business Investor Tax Credit

The North Carolina Qualified Business Investor Tax Credit program (QBV) is a program that historically incentivized early-stage investment into high-risk ventures. The NC tax reform in 2013 eliminated the program despite having bipartisan support from the legislature and having demonstrated a major economic impact on the entrepreneurial community. 

In recent months, there has been renewed interest by the NC General Assembly to reenact the credit program. This is due to its potential to stimulate early-state investment in North Carolina companies and to level the playing field for entrepreneurs in the state versus neighboring states that do have angel investor tax credit programs. On April 26, HB680 was filed in the House of Representatives to bring the program back. See bill sponsors and draft here: https://www.ncleg.gov/BillLookUp/2021/H680

Part of our role at the SBTDC is educating entrepreneurs and entrepreneurial stakeholders about policies that might impact them, such as the QBV. As such, we will relay relevant information about the tax credit if passed.

For more information on the QBV initiative, visit Venture Asheville's site dedicated to the program: 


SBTDC's Technology Commercialization Team and Services


The SBTDC's team of Technology Commercialization Counselors includes Nicole Schwerbrock, Mike Carnes, Chris Veal, Rachel Burton, Bryan Dennstedt, and John Ujvari, who offer advisory services to help your IP-based business grow. Below are some of the specific items we can guide you through. Contact us at http://www.sbtdc.org/programs/tech/contact-us/.


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Book Recommendation -- "Business Made Simple"



Business Made Simple recently announced their new book and, not only, are their free tips emailed to you each month, they are extremely helpful for businesses big or small. Most businesses are strong at their product, this resource helps you in all the other aspects of running your company. Each day, their newsletter provides a quick 2-3 minute video on a topic to reflect or drive forward your business. They are well worth the listen. Check out this resource, as well as their new book.


MORE SBTDC TARGETED SERVICES

SELLING TO THE GOVERNMENT
The SBTDC's Government Contracting Assistance Program educates business associates on how to obtain contracts by providing comprehensive assistance in selling products and services to local, state and federal government agencies.
INTERNATIONAL BUSINESS DEVELOPMENT
The SBTDC's International Business Development Counselors assist small and mid-sized businesses with export planning and exporting.


The Team
The Technology Commercialization Services team provides one-on-one business counseling and advice to: small business owners, university researchers, and entrepreneurs looking to advance their innovations to the marketplace.


Director, Technology Development 
& Commercialization 
Statewide
RACHEL BURTON 
Technology Commercialization Counselor
Eastern NC
Technology Commercialization Counselor
Eastern NC
BRYAN DENNSTEDT 
Technology Commercialization Counselor
Western NC
JOHN UJVARI 
SBIR/STTR Specialist & Newsletter Editor
Statewide
CHRIS VEAL 
Technology Commercialization Counselor
North Central NC



SBTDC
Technology Commercialization Program

5 West Hargett St., Suite 600 Raleigh, NC 27601
(919) 962-8297 
www.sbtdc.org/tech/sbirsttr
[email protected]