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Small Business Innovation Research Opportunities SBIR/STTR

Small Business Innovation Research Opportunities SBIR/STTR. Juan E. Figueroa Program Director National Science Foundation Industrial Innovation and Partnerships. The SBIR/STTR Program. Small Business Innovation Development Act of 1982 Congress designated 4 major goals

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Small Business Innovation Research Opportunities SBIR/STTR

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  1. Small Business Innovation Research OpportunitiesSBIR/STTR Juan E. Figueroa Program Director National Science FoundationIndustrial Innovation and Partnerships

  2. The SBIR/STTR Program Small Business Innovation Development Act of 1982 Congress designated 4 major goals • Stimulate technological innovation in the private sector • Use small business to meet federal R&D needs • Foster and encourage participation by minorities and disadvantaged persons in technological innovation • Increase private-sector commercialization innovations derived from federal R&D

  3. TOTAL ~ $2.2 B Est. FY 2006 SBIR / STTR Participating Agencies • DOD SBIR/STTR • HHS SBIR/STTR • NASA SBIR/STTR • DOE SBIR/STTR • NSF SBIR/STTR >$110 M • DHS SBIR • USDA SBIR • DOC SBIR • ED SBIR • EPA SBIR • DOT SBIR

  4. NSF Mission To promote the progress of science; to advance the national health, prosperity, and welfare; and to secure the national defense

  5. Directorate forComputer andInformation Science and Engineering Directorate forEducation and Human Resource Directorate for Biological Sciences Directorate for Social, Behavioral, and Economic Sciences Directorate for Mathematical and Physical Sciences Directorate for Geosciences Office of Polar Programs Integrative Activities (MRI, STC) National Science Foundation Discovery for Innovation National Science Board Office of theInspector General Director Staff Offices Division of Industrial Innovation Partnership Directorate for Engineering Discovery to Innovation

  6. Primary Objective NSF SBIR/STTR Program To increase the incentive and opportunity for small firms to undertake cutting-edge, high risk, high quality scientific, engineering, or science/engineering education research that would have a high potential economic payoff if the research is successful.

  7. Growth Re$ourcesAvailable Private Sector Public Sector Academic Research Market Penetration Innovation/ Translational Research Product Dev Basic Research Initial Commercialization Mature Technology Maturity Level All Roles lead to Rome(Private Sector Handoff) • NSF – Discovery FOR Innovation • IIP – Discovery TO Innovation NSF SBIR/STTR

  8. Doing Business with NSF • NSF is not the Final Customer • NSF is not buying your product/process or software or your intellectual property • NSF wants to see you successfully commercializeyour high-tech research • You need investment $ beyond NSF SBIR

  9. Funding Criteria • Must be high-payback innovations involving high risk and commercial potential • Demonstrate Strategic Partnerships with Research Collaborators, Customers and Equity Investors • We do NOT fund • Evolutionary optimization of existing products and processes or modifications to broaden the scope of an existing product, process or application • Analytical or “market” studies of technologies

  10. Friends And Family Threshold Technology Risk NSF SBIR/STTR Threshold Venture Capital Threshold Phase I Phase IIB Finance Risk People Risk Strategic Partners Threshold Phase II Angel Capital Threshold Market Risk Get to Rome (Private Sector)

  11. Economic Impact

  12. NSF Phase IIB Matching Funds Trends

  13. SBIR/STTR Home Page Juan E. Figueroa jfiguero@nsf.gov http://www.nsf.gov/eng/iip/sbir/

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