Common Challenges in SBIR/STTR Proposals

The Small Business Innovation Research (SBIR) and the Small Business Technology Transfer (STTR) federal programs provide non-dilutive funding to support ideation and commercialization of groundbreaking technologies and are invaluable to small business development. SBIR and STTR programs are also highly competitive.

Successful preparation and submission of SBIR/STTR proposals may be very challenging for inventors who have no previous SBIR or STTR experience.  Participation in these programs requires a paradigm shift – inventors should be able to:

• demonstrate their superior technical and scientific skill; AND
• be able to think like a business owner.

You’ll need to demonstrate that your Research and Development (R&D) efforts may result in the development of successful commercial products.  This 45-minute On Demand workshop will be very useful for SBIR/STTR newbies AND for inventors with previous SBIR/STTR experience who want to improve the efficiency of their application.  This On Demand workshop offers suggestions that will, undoubtedly, strengthen your future proposals.

During this 45-minute On Demand workshop, you’ll learn about the common challenges and pitfalls to avoid when preparing SBIR/STTR proposals – including:

• the lack of innovation and technical risk;
• a non-optimal selection of the PI;
• a lack of the team’s commercialization expertise;
• attributes of a weak commercialization plan;
• unrealistic revenue projections; and
• an unrealistic developmental timeline.

Presented by:   Christian Parmelee, Senior Consultant, Foresight Science & Technology, Inc.