1. Phase 0-3: Finding Resources in the State Mahendra Jain mjain@kstc.com www.kstc.com http://ksef.kstc.com SBIR/STTR Innovation Summit December 3, 2015 Austin, TX

2. KSTC Mission and Functions To strengthen the capacity of people, companies and organizations to develop and apply science and technology and compete responsibly in the global marketplace. KSTC is an independent, non- profit company founded in 1987 http://www.kstc.com Education R&D Technological Commercialization Start-Up Companies Entrepreneurship

3. State Resources Universities / Faculty (Equipment; Technical experts) Incubators (Equipment; Research facility) University IRB Board (Animal use; Human subjects) Economic Development Agencies / Chamber of Commerce /Venture Clubs (Market feasibility; Economic feasibility) State Funding Programs / Angel Groups / VCs (Company capitalization)

4. Kentucky Programs for Entrepreneurs Kentucky Offers a Variety of Programs to develop entrepreneurial ecosystem for:  New Venture Formation – Innovation Driven  Capitalization  Business Assistance and Expansion  Job Creation  Talent Development

5. State Resources For Moving Idea to Marketplace Commercialization Time Basic Research Applied Research Seed Fund WC Infusion Innovators / Entrepreneurs Entrepreneurs Product Rollout Successful Venture Start-Up POST SBIR/STTR GRANT ASSISTANCE PRE-SBIR/STTR ASSISTANCE { }

6. Entrepreneurial Innovators Kentucky Science and Engineering Foundation (KSEF)  R&D Excellence Program for Advanced Research Kentucky Commercialization Fund (KCF)  Technology Commercialization GOAL: Technological innovations: increased IP activity New businesses

7. Kentucky SBIR/STTR Program Pre-application Assistance  Notification of Federal and State Funding Opportunities: Through Social Media; E-mail Blasts; Web Notifications  Mentoring: One-on-one Consultation for Matching with Federal Agencies; Identifying Technical and Business Mentors  Training: SBIR/STTR Seminars; Workshops and Conferences  Other Outreach Media: Webinars  Grants: Phase Zero and Phase Double Zero (up to $4,000)  Networking: SBIR Connect Meetings Two Times per Month Post-award Assistance  Kentucky SBIR/STTR Matching Grants  Review of Comments Entrepreneurial Leave  University of Louisville and University of Kentucky

8. Kentucky SBIR/STTR Matching Funds Program Kentucky SBIR/STTR Matching Funds Program (Created and funded by KY Cabinet for Economic Development) Program Initiated and Funded by CED-OOE Since 2006 Provides Matching Funds for Both SBIR and STTR Grant Awards: Doubles the Money Quarterly Application with Complimentary Tasks and Independent External Panel Based Review Process Phase I  Matches Up to 100% – but Not to Exceed $150,000 – for Exploration of Technical Merit or Feasibility of an Idea or Technology Phase II  Matches Up to 100% – but Not to Exceed $500,000 Per Year for Two Years – to Support Full-scale R&D and Business-related Tasks

9. SBIR Connect Events Connect and reconnect innovators and entrepreneurs for:  Networking  Mentorship  Collaborations… Informal environment With and without an agenda Fixed day and time each month Lexington and Louisville

10. West Liberty Williamstown Paducah Elizabethtown Ashland Paintsville Covington Louisville Lexington Richmond Bowling Green Murray Kentucky Innovation Network

11. Kentucky Innovation Network Kentucky Innovation Network (Created and funded by KY Cabinet for Economic Development) Provides Business Assistance through 13 Locations Business Development Consultation Business Model Consultation Validation and Market Assessment Assistance with Growth Strategy Access to Service Providers Access to Professional Networks Connections to Potential Suppliers / Business Partners Access to Funding Resources and Capital Networks Coaching throughout Fundraising Efforts

12. Kentucky Resources State SBIR Assistance Providing Organization (e.g., KSTC) Universities (UK, UofL,,,,,,,others) Economic Development Agencies: Examples – Commerce Lexington, GLI – Enterprise Corp……and Kentucky Life Science Council (KLSC) Kentucky Innovation Network: 13 offices (provide business assistance) Incubators and Accelerators (located around the state) Mentors : Technical and Business Kentucky SBIR/STTR Phase Zero and Double Zero Grants Kentucky SBIR/STTR Matching Funds Program (matches up to $150K Phase I and up to $500K/year Phase II) Seed Capital: Kentucky Enterprise Fund, Commonwealth Seed Capital Fund; Enterprise Angels and Bluegrass Angels; Vogt Invention and Innovation Award Tax Credit Programs: Kentucky Small Business Tax Credit Initiative; Kentucky Small Business Tax Credit; Angel Investment Tax Credit

13. State Resources For Innovation and Entrepreneurship Commercialization Time Advanced Research: KSEF Tech Commercialization: KY Commercialization Fund Seed Fund WC Infusion Innovators / Entrepreneurs KY Matching Funds; KEF; CSC; and, KyIN Entrepreneurs Product Rollout Successful Venture Mentoring; Workshops; and, Phase 0 / 00 Grants Start-Up POST SBIR/STTR GRANT ASSISTANCE PRE-SBIR/STTR ASSISTANCE { }

14. Questions?