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WYOMING SBIR/STTR INITIATIVE - WSSI Seed Capital for Innovative Research Senator Enzi’s 2014 Inventor’s Conference Kelly Haigler Cornish Outreach Coordinator,

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Presentation on theme: "WYOMING SBIR/STTR INITIATIVE - WSSI Seed Capital for Innovative Research Senator Enzi’s 2014 Inventor’s Conference Kelly Haigler Cornish Outreach Coordinator,"— Presentation transcript:

1 WYOMING SBIR/STTR INITIATIVE - WSSI Seed Capital for Innovative Research Senator Enzi’s 2014 Inventor’s Conference Kelly Haigler Cornish Outreach Coordinator, Wyoming SBIR/STTR Initiative

2 What is SBIR and STTR Small Business Innovation Research Allows 1/3 of the work subcontracted Small Business Technology Transfer Requires SBC 40% and nonprofit research institution 30% a highly competitive program that encourages domestic small businesses to engage in Federal Research and Development (R&D) that has the potential for commercialization

3 SBIR & STTR Stimulate technological innovation Meet Federal research and development needs Foster and encourage participation in innovation and entrepreneurship by socially and economically disadvantaged persons Increase private-sector commercialization of innovations derived from Federal research and development funding.

4 Wyoming Success Story Square One Systems Design, Jackson, Wyoming A Universal Micromanipulation Robot (UMR) Crystal Harvesting System

5 Three Phase Program Phase I Objective: establish technical merit, feasibility Award amounts up to $150,000 Time Frame: 6 months Phase II Objective: continue R&D efforts; prototype development Award amounts up to $1,000,000 Time Frame: 2 years Phase III Objective: commercialization No SBIR funds available

6 Who can participate? Organization Requirements: Proposals only may be submitted by companies that qualify as a small business For profit business Fewer than 500 employees Located in the US 51% owned and controlled by US individuals

7 What is Innovation NIH SBIR solicitation defines it as…. …. an implementation that is often disruptive of the prevailing product, process, policy, or paradigm and creates an outcome that is more effective, affordable, accessible, easier to use or deliver, and/or provides superior scalability

8 Wyoming Success Story Mountain Meadow Wool Phase I $80,000 Phase II $460,000 USDA

9 What gets funded? Evaluation Criteria: Soundness, technical merit, and innovation of the proposed approach to topic or subtopic solution The qualifications of the proposed principal/key investigators, supporting staff and consultants; Potential for commercial (Government or private sector) application and the benefits expected to accrue from this commercialization

10 How do I find SBIR Opportunities 11 Federal Agencies offer SBIR and five largest offer STTR Department of Agriculture Department of Commerce - National Institute of Standards and TechnologyNational Institute of Standards and Technology Department of Commerce - National Oceanic and Atmospheric AdministrationNational Oceanic and Atmospheric Administration Department of Defense Department of Education Department of Energy Department of Health and Human Services Department of Homeland Security Department of Transportation Environmental Protection Agency National Aeronautics and Space Administration National Science Foundation

11 Wyoming Success Story Babble Tree LLC Phase I $99,188 Phase II 448,041 USDA

12 How We Help Wyoming SBIR/STTR Initiative Phase 0 Program $5000 contracts Wyoming mentor Two reviews of your Phase II proposal

13 Upcoming Training Opportunities for Women in the Federal SBIR/STTR Programs: An Online Introduction and Overview Instructor: Catherine Henry of Grow Emerging Companies LLC Friday, April 11, :30 to Noon Full Day – Federal SBIR/STTR Phase I Instructor: Mark Henry of Grow Emerging Companies LLC Monday, April 21, :50 - 3:00 (break for lunch on own) Wyoming Technology Business Center Incubator 2435 King Blvd, Casper, Wyoming For registration information or call Kelly at


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