SBIR/STTR Accelerator Business and Technical Assistance

In the latest congressional reauthorization of the programs, there is more focus on commercialization starting with the Phase I proposal.  All 11 federal agencies now require a market discussion ranging from a paragraph up to seven pages, depending on the agency.  This is why our Accelerator application asks questions about the business and market aspects of your company and technology. It also helps us determine the strengths and weaknesses of your proposed effort.

We bend over backward to help promising firms navigate through the process.  With 11 agencies participating in the programs, with each one operating differently, it has led to a complicated and confusing landscape.  Moreover, access to a vast amount of information at your fingertips, you could spend countless hours in search of information only to discover that you went down some major rabbit holes.

We want you to avoid those rabbit holes. We have the knowledge, experience and relationships at the federal level to help you navigate through these programs more efficiently and effectively.  We have been there, so we know the challenges you will face.

When your firm is approved to participate in the Accelerator, we will deliver expert confidential coaching to your firm covering these topics and more:

  • Small Business Eligibility
  • Funding Opportunities
  • Business Case Discussion
  • Technology Due Diligence
  • Project Definition
  • Technology Roadmap and Assessment
  • Technology Transfer Opportunities (University of Minnesota, Mayo Clinic and Federal Laboratories)
  • Angel and Venture Capital Connections (On a case-by-case basis)
  • Referral to scitechmn.org to hire high quality STEM undergraduate and graduate student interns
  • Referral to professional services (attorneys, accountants, marketing, etc.)

Powerful Team and Connections – In addition to the MNSBIR director, we engage a core group of consultants and professionals who deliver value-added advice and guidance.  Our consultants and experts are leveraged in different ways to support your efforts.

Getting Started – Business and Technical Assistance – at this stage we have approved your Accelerator Application for one of 10 cohorts based on the federal agency.  If you don’t know which agencies to target, we will help you make that determination.

Now it is time to develop a proposal strategy that includes the agencies you could target for funding; development of a Moonshot List (your projects, prioritized); determination of the funding levels; agency deadlines; determination of which program to target SBIR or STTR; and a plethora of other topics under the umbrella of government R&D arena.  We think strategically about how to leverage these programs to enable you to achieve your goals.  Keep in mind, this is not a destination, it is a journey.

Proposal Review – we provide internal reviews and we engage qualified consultants, local and national, on an adhoc basis, to review proposals prior to submission.

Budget Review – we provide internal support and we engage qualified consultants to review your budget prior to submission.

Indirect Cost Rate Determination – we engage qualified experts, local and national, who can help you determine your indirect cost rate.  This is a really important number, so take the time to determine this rate.  You will be happy you did!

Commercialization Plan Review – we provide internal support and we engage qualified consultants, local and national, to review your commercialization plan.  We also leverage the agencies’ commercialization assistance services.

Pre-Award and Post-Award Assistance – the world of federal R&D grant and contract funding is messy with rules, regulations, policies, etc.   We engage qualified consultants, accountants, government contract attorneys and others to  demystify this environment.

TABA and DTA Commercialization Assistance – The John S McCain National Defense Authorization Act of 2012 authorized and appropriated funding for technical assistance and business assistance.  SBIR/STTR Phase I proposers should include up to $6,500 in its budget (excludes NSF), and SBIR/STTR Phase II proposers should include up to $50,000 in its Phase II budget (excludes NSF).   For more details, visit www.sbir.gov.

Business Liquidity Grant – MN DEED funding program.  Up to $35,000.  Check back for more details after October 1, 2019.

SBIR/STTR Phase II Matching Program – MN DEED funding program.  Up to $50,000.  Check back for more details after October 1, 2019.