Over $2.6 billion in non-equity position federal dollars are available annually exclusively for research and development of new and novel technologies through competitive Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants. But how do you gain access to these grants to assist your business?
Learn nuances and techniques for winning SBIR or STTR grants by attending the workshop “Write to Win,” Thursday, September 18, 2012from 8:00 am to 4:30 pm in Sandy, Utah.
Sponsored by the Utah Science, Technology and Research (USTAR) SBIR-STTR Assistance Center (SSAC) and Salt Lake Community College – Miller Campus, and funded in part by a grant with the U.S. Small Business Administration, this all day event will be led by Larry Shaw, who has nearly four decades of grant writing experience and a success rate more than 80 percent.
Mary Cardon, manager of USTAR’s SBIR-STTR Assistance Center said the SBIR-STTR program is extremely competitive as it takes no equity in companies and there is no payback of funds. Companies are first awarded a Phase I grant when their technology meets a specific need of one of 11 participating agencies. Phase I grants determine the scientific, technical, and commercial merit and feasibility of ideas submitted under the SBIR or STTR program with awards typically at $150,000 in size over a period of six to nine months. Successful Phase I companies are invited to submit for Phase II awards, which are up to $1 million in size over a period of 24 months. Utah Pulse
