1. Industrial Innovations & Partnerships Small Business Innovation Research Opportunities National Science Foundation One Day Colloquium for U.S. – Greece Program for Technology and Investments Dr. Juan E. Figueroa Program Director Division of Industrial Innovation and Partnerships (IIP) Engineering Directorate National Science Foundation

2. 2 All Roles lead to Rome (Private Sector Handoff) NSF – Discovery FOR Innovation IIP – Discovery TO Innovation Technology Maturity Level Market Penetration Re$ources Available Product Dev Growth Public Sector Private Sector Academic Research Basic Research Initial Commercialization Mature Innovation/ Translational Research

3. NSF Mission To promote the progress of science; to advance the national health, prosperity, and welfare; and to secure the national defense

4. Primary Objective NSF SBIR/STTR Program To increase the incentive and opportunity for small firms to undertake cutting-edge, high risk, high quality scientific, engineering, or science/engineering education research that would have a high potential economic payoff if the research is successful.

5. 5 National Science Foundation National Science Board Director Office of the Inspector General Staff Offices Directorate for Engineering Directorate for Biological Sciences Directorate for Geosciences Directorate for Computer and Information Science and Engineering Directorate for Mathematical and Physical Sciences Directorate for Social, Behavioral, and Economic Sciences Office of Polar Programs Integrative Activities (MRI, STC) Division of Industrial Innovation Partnership Directorate for Education and Human Resource Discovery for Innovation Discovery to Innovation

6. The SBIR/STTR Program Small Business Innovation Development Act of 1982 Congress designated 4 major goals Stimulate technological innovation in the private sector Use small business to meet federal R&D needs Foster and encourage participation by minorities and disadvantaged persons in technological innovation Increase private-sector commercialization innovations derived from federal R&D

7. DODSBIR/STTR HHSSBIR/STTR NASA SBIR/STTR DOE SBIR/STTR NSF SBIR/STTR >$110 M DHSSBIR USDASBIR DOCSBIR EDSBIR EPASBIR DOTSBIR SBIR / STTR Participating Agencies TOTAL ~ $2.2 B Est. FY 2006

8. Program Information NSF is not the final customer NSF does not buy product/process or software or IP commercialize NSF wants grantees to successfully commercialize high-tech research Investment $ beyond SBIR is needed

9. Funding Criteria Must be high-payback innovations involving high risk and commercial potential Demonstrate Strategic Partnerships with Research Collaborators, Customers and Equity Investors We do NOT fund  Evolutionary optimization of existing products and processes or modifications to broaden the scope of an existing product, process or application  Analytical or “market” studies of technologies

11. 11 NSF is not the Final Customer NSF is not buying your product/process or software or your intellectual property NSF wants to see you successfully commercialize your high-tech research You need investment $ beyond NSF SBIR Doing Business with NSF

12. Get to Rome (Private Sector) Venture Capital Threshold Angel Capital Threshold Strategic Partners Threshold NSF SBIR/STTR Threshold Technology Risk Market Risk People Risk Finance Risk Friends And Family Threshold Phase I Phase II Phase IIB

13. Economic Impact

14. NSF Phase IIB Matching Funds Trends

15. 15 SBIR/STTR Home Page http://www.nsf.gov/eng/iip/sbir/