1. National Science Foundation WHERE DISCOVERIES BEGIN Phase II Awards Management Joseph Hennessey Senior Advisor Division of Industrial Innovation and Partnerships Engineering Directorate NSF

2. National Science Foundation WHERE DISCOVERIES BEGIN 2 Interim Reports (6 months) Maximum 5 pagesMaximum 5 pages Progress, Problems, Commercialization during the periodProgress, Problems, Commercialization during the period Update milestone chart with current expendituresUpdate milestone chart with current expenditures Within 30 days of each 6 month deadlineWithin 30 days of each 6 month deadline Phase II Grants General Conditions Extensions require the same 6 month interim reporting

3. National Science Foundation WHERE DISCOVERIES BEGIN 3 Technical Narrative (10 pages max.)Technical Narrative (10 pages max.) Commercialization Narrative (10 pages max.)Commercialization Narrative (10 pages max.) Cumulative Milestone ChartCumulative Milestone Chart Final Report Within 90 days from expiration of the grant

4. National Science Foundation WHERE DISCOVERIES BEGIN Commercialization Outcomes Report Telephone interview on the 3 rd, 5 th and 8 th anniversary of your awardTelephone interview on the 3 rd, 5 th and 8 th anniversary of your award

5. National Science Foundation WHERE DISCOVERIES BEGIN 5 Payments 25% at time of award 20% with satisfactory interim reports 15% with satisfactory final report Can request a modified payment schedule – ask Program Director We dont pay you unless you do the work!

6. National Science Foundation WHERE DISCOVERIES BEGIN 6 Signs of Poor Awards Management Failure to submit timely reportsFailure to submit timely reports Failure to explain deviationsFailure to explain deviations Failure to maintain schedulesFailure to maintain schedules Multiple PI changesMultiple PI changes Multiple no-cost extension requestsMultiple no-cost extension requests

7. National Science Foundation WHERE DISCOVERIES BEGIN Consequences of Poor Awards Management Suspend or terminate the grant Withhold payments Decline proposed supplements Decline future Phase I or Phase II awards to the company

8. National Science Foundation WHERE DISCOVERIES BEGIN 8 QUESTIONS