SBIR/STTR Reauthorization Summary
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Transcript of SBIR/STTR Reauthorization Summary
SBIR/STTR reauthorization overview
Julie Turner Collins
ATDC/SBIR GA
SBIR - Small Business Innovation Research
2.5% set-aside
STTR - Small Business Technology Transfer
0.3% set-aside
$2.3 Billion
Federal seed capitalnon-equity diluting
AGENCIESSBIR and STTR
Participants
Department of Defense*Department of Health and
Human Services*National Aeronautics and Space
AdministrationDepartment of Energy
National Science Foundation*
SBIR Participants
Department of Homeland Security
Department of AgricultureEnvironmental Protection
AgencyDepartment of Transportation
Department of CommerceDepartment of Education
* FUND MEDICALLY RELATED PRODUCTS
PHASES
AWARD AMOUNT
DURATION OBJECTIVESUB-
CONTRACT
PHASE I $150,0006 TO 12 MOS.
Feasibility 33%
PHASE II $1,000,0002 TO 3 YEARS
Product Developme
nt50%
Phase I required Phase II Phase III
Note: some agencies allow Phase II applications by request only
STTR
• Applicant Small Business Concern
• Consortium Agreement30% required subcontract with RI or FFRDCMax effort 60%
• SBC EffortMin 40%, Max 70%
Reauthorization
• NDAA FY20126 years through 2017
• PROCESSCongress Pass LegislationSBA Draft rules/regulationsAgencies Implement changes
LEGISLATION
• POLICY DIRECTIVEreleased + effective Aug 6, 2012changes implemented in 2013 solicitations
• SIZE RULESreleased Dec 27, 2012, effective Jan 28, 2013changes implement in solicitations released AFTER Jan 28
Size ruleseffective Jan 28, 2013
• OWNERSHIP + CONTROL
50% owned + controlled by:US citizenspermanent residentsand/or one or more domestic business concerns who are 50% owned and controlled ….
Size rulesVC eligibility
• VC OWNERSHIPMultiple domestic VCsEach w/ <50% ownershipSBIR only
• VC EligibilityOrganized under U.S. LawPlace of business in U.S.
• DETERMINED ON A FULLY CONVERTED BASIS
SIZE + AFFILIATION• UNDER 500 EMPLOYEES
Including affiliates[Exception: VC-owns minority share]
• AFFILIATE DEFINITION:One business [or third party] controls or has the power to control another>50% voting stock OR>40% voting stock IFcommon management, reliant upon for 70% of receipts, ostensible subcontractors, license agreements (licensee must bear right to profit and risk of loss)
Bottom line
“totality of circumstances”
AGENCY DISCRETION
0-25% CAP [NIH, NSF, DOE]
0-15% CAP all othersWho will opt-out?
Policy directive• CCR to SAM transition
SBIR to STTR cross over awardsDirect to Phase II
• REGISTRATION WITH SBIR.GOVWhy? Track Phase I to Phase II to Phase III conversion
• PHASE I = $150,000PHASE II = $1,000,000
} 150% CAP
} @ agency discretion
NIH Specifics
• CURRENT OMNIBUS SOLICITATIONSBIR to STTRDirect to Phase IIVC eligibility
MID-YEAR RE-RELEASE! SUBSCRIBE
• $5,000 TECHNICAL ASSISTANCENiche assessment or named provider
} NO!
NIH SPECIFICS
NOT A FUNDING MECHANISM
PART OF YOUR FUNDING STRATEGY
Julie Turner CollinsDirector, SBIR GAa service of ATDC