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Posted on Jan 7, 2015

Steve Blank is known for informing entrepreneurs that, “The safest bet about your new business is that you’re wrong.” He contends, “A startup is not about executing a series of knowns. Most startups are facing a series of unknowns — unknown customer segments, unknown customer needs, unknown product feature set, etc…” Read More ...
Posted on Jan 7, 2015

In 2009, I decided to attend the National Small Business Innovation Research (SBIR) Conference to understand how the government could partner with businesses and support innovative ideas and technologies.I was frustrated with the lack of capital available for small businesses. Most of the funds being promoted in the finance community were either debt financing requiring the repayment of a loan or equity financing requiring the business to give up a percentage of the profit in exchange for the necessary funding. Sitting at the SBIR conference Read More ...
Posted on Jan 7, 2015

Raising venture capital or angel financing are the sought-after ways of enabling your startup dream. The process of raising venture capital is time consuming, and at the end of the day, you’ll give up anywhere between 30-60 percent of your company in your first round. But if you are developing advanced technologies where there’s a considerable amount of technical risk, there’s an alternative to selling off huge chunks of your company.The SBIR/STTR programs provide support for the physical sciences (advanced materials, nanotechnology, electronics, telecom), biological sciences, health-related issues and advanced computing. You probably won’t find much in the way of federal funding for a web...
Posted on Jan 7, 2015

Lisa Kurek is a nationally recognized trainer and speaker on the federal SBIR/STTR programs. She has trained thousands of entrepreneurs on how to prepare winning proposals for R&D funding and coached hundreds of companies one-on-one through the rigorous process. The "girl with the curl"  joined BBC Entrepreneurial Training and Consulting (BBCetc) as managing partner in 1997 when the company was known as Biotechnology Business Consultants.  Under Lisa's leadership, BBCetc has expanded its reach, developing expertise in the SBIR/STTR programs of all 11 participating federal agencies, which award more than $2.6 billion in non-dilutive R&D  grants and contracts to small...
Posted on Jan 7, 2015

The Trusselator is aimed at creating, through the use of in-space additive manufacturing, a series of high-performance trusses to handle large solar arrays and antennas, and NASA says Tethers Unlimited has been awarded $750,000 to continue development of the technology.The funds will come from the NASA Innovative Advanced Concepts (NIAC) program and the NASA Small Business Innovative Research (SBIR) program. Read More ...
Posted on Jan 7, 2015

After six years at the helm, Rep. Sam Graves will step down as chairman of the House Small Business Committee at the end of the year. And while he’s proud of what the panel has accomplished during his tenure, the Missouri Republican says the committee has some important unfinished business to wrap up under his successor.Graves, who stepped into the position in 2009, will hand over the gavel in keeping with self-imposed six-year term limits for House Republicans. He will move to the House Armed Services Committee in January, at which time he will be replaced atop the small-business committee by Read More ...
Posted on Jan 7, 2015

The Small Business Innovation Research program has provided billions in seed money to companies, including Symantec and Qualcomm.Companies such as Qualcomm, Symantec, iRobot and Genentech know the power of financial backing from the federal government.They’ve benefited from a 32-year-old Small Business Innovation Research (SBIR) program, which has doled out more than 112,500 awards to small businesses, worth more than $26.9 billion, through fiscal year 2009, according to the most recent data.Nagesh Rao, chief technologist at the Small Business Administration’s Office of Investment and Innovation, called it one of the best “unsung-hero” programs in the federal government Read More ...
Posted on Jan 7, 2015

The Small Business Administration's Office of Investment and Innovation is known for taking chances on risky ideas.About seven years ago, for example, the National Institutes of Health used Small Business Innovation Research (SBIR) funding for a project researching Read More ...
Posted on Dec 19, 2014

In an effort to be responsive to the needs of the small business community, congressional mandates, and the Scientific Management Review Board (SMRB) recommendations, HHS is changing its Standard Due Dates for SBIR/STTR grant applications, and making other internal changes to allow the agency to inform SBIR/STTR grant applicants of the disposition of their applications sooner, and to make funding recommendations and awards sooner on average. This change affects all SBIR/STTR Funding Opportunity Announcements (FOAs) using Standard Due Dates.  Applications for Request for Applications (RFAs) and Program Announcements (PAs, PARs, PASs) with special...
Posted on Nov 24, 2014

By Javier.Saade, SBA OfficialPublished: November 24, 2014Note: This blog is Coauthored by Javier Saade, SBA’s Associate Administrator for Investment and Innovation, Nagesh Rao, Senior Advisor for Investment and Innovation, Manny Oliver-DOE SBIR Program, and Chris O’Gwinn-DOE SBIR ProgramWhen people think of the Small Business Innovation Research and Small Business Technology Transfer (SBIR/STTR) programs, the three phases (Phase I, II, & III) come to mind with associated dollar amounts of grant/contract financing. However, there is a far more critical phase in need of support and assistance, and that would be Phase 0. This is where ideation happens in getting a potential solution...
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