OCAST Funding OCAST Funding OpportunitiesOpportunities

Grant Writing Institute

August 2, 2012

Applied Research

Provides 1:1 match for any research with commercial potential

Two funding cycles per year Proof-of-concept funding: $45,000 per year for up

to two years Accelerated funding: up to $300,000 for one to

three years 53 percent award rate

Solicitation Online: July 2, 2012Application Deadline: August 22, 2012

Plant Science• Provides both matched and non-matched funds

for plant science research• Basic Research provides non-matched funds up to

$50,000 per year for one or two years• Applied Research must have commercialization

potential and requires 1:1 match• Proof-of-Concept provides up to $50,000 per year for

one or two years• Accelerated provides up to $100,000 per year for one

or two years

• 32 percent award rate

Solicitation posted and applications due in late fall

Health Research

• Provides funding for basic research related to human health

• No match required• Maximum of $45,000 per year for up to three

years• 26 percent award rate

Solicitation posted and applications due in winter

OSCR

SBIR & STTR Overview

Small Business Innovation Research (SBIR) 11 Federal agencies that award ~$2.5B Two types of projects:

Development of new technology New applications for existing technology

Small Business Technology Transfer (STTR) 5 Federal agencies that award ~ $261.4M Small businesses identify a federal lab or

university technology and use the STTR program to transfer and commercialize it

Benefits of SBIR/STTR

Company retains ownership of all IP Grants/contracts are a non-dilutive source of

project funding – not a loan, no repayment Funding for risky endeavors Provides third party technology validation Attracts follow-on investment and

commercialization partners May lead to publication

Challenges of SBIR/STTR

• Identifying a topic • Understanding that each agency has different

application requirements • PI and management team qualifications • Online submission and DCAA compliance• Funding timeline

Short time lapse from solicitation notice to application deadline

Project and funding needs require forethought

Commercialization Life Cycle

Total Number of SBIR/STTR Awards

$7.45M

$7.20M $6.40M

$300K

$21.35M

Top Winning States

$1.7

1B

$1.5

2B

$1.4

5B

$119

.9M

$115

.1M

$110

.2M

$103

.2M

$93.

1M

$6.3

8B

$4.3

5B

Rank: 1 2 3 4 5 31 32 33 3430

Num

ber o

f Aw

ards

Statistics: Phase I FY10

SBIRSBIR STTRSTTR

$87

$93

$87

$89

$100

$267

$107

$99

$69

$100

$156 $8

8

$82

$232

$80

$149

Aver

age

Awar

d (in

Tho

usan

ds o

f $$)

Statistics: Phase II FY10

STTRSTTR

Aver

age

Awar

d (in

Tho

usan

ds o

f $$)

SBIRSBIR$3

82

$308

$690

$231 $9

79 $1,4

09

$898

$644

$225

$356

$488

$595

$521

$192

$496

$1,4

36

SBIR Eligibility

Small business with ≤ 500 employees Must be a for profit entity PI must be principally employed by the business 51% owned and controlled by U.S. citizens Subcontractor participation up to 33%

Requirements/qualifications may differ between agencies

STTR Eligibility

Only small, for-profit business can participate PI may be fully employed by the research

institution 40% of the work must be done within the

business Subcontractor participation up to 60% IP ownership can reside with either the business

or research institution

Requirements/qualifications may differ between agencies

OSCR Resources • SBIR/STTR proposal preparation services

It’s not a writing service - it’s a getting ready to write service

• Pre-review service

• Matches innovations with open topics

• Provides assistance with identifying strategic partners and building collaborations

• Expert coaching and mentoring

• $25k funding for Phase II proposal submissions

• Proposal timeline and budget preparation

• Application submission support

• Proposal writing workshops August 28-29, 2012 – Oral Roberts University, Tulsa

Contact Information

Steven Martinez, Client Service and Programs Manager

steven.martinez@ocast.ok.gov 405-319-8408