sbir

Useful Stats: NSF SBIR Success Rates by State (2008-2017)

The National Science Foundation (NSF), the fifth largest distributor of SBIR awards among federal agencies, received more than 20,000 proposals over the decade long period from 2008 to 2017, approving more than 3,600 (16.8 percent), according to an SSTI analysis of NSF data. NSF SBIR awards are the least concentrated of all federal agencies, as measured by share of awards going to firms with more than 10+ awards.

Can $13M change the distribution pattern for NIH SBIR awards?

A significant majority of SBIR and STTR grants awarded to small businesses from the National Institutes of Health in any given year end up in just a handful of states. For example, the percentage of all 2017 SBIR/STTR awards made to companies in the 23 states and Puerto Rico eligible to participate for funding from NIH’s Institutional Development Award (IDeA) program was only 8 percent – 97 of the 1,218 awards made across all phases of both innovation funding programs.  For comparison, the same states account for 15.8 percent of the estimated U.S. population in 2017. NIH wants to change that discrepancy.

Useful Stats: NIH SBIR/STTR Success Rates by State (2008-2017)

One of the best ways to measure the effectiveness of state programs intended to encourage the success of SBIR applications is the approval-rate of their submissions. Although this data has been historically unavailable across every federal agency, it is now accessible for the National Institutes of Health (NIH), the second largest provider of SBIR/STTR awards, according to a 2018 Digest report. The NIH distributed $446.2 million in SBIR/STTR awards in 2017, with every state except North and South Dakota receiving an award. Although California and Massachusetts had the most successful SBIR/STTR applications in 2017, accounting for roughly one-third of the total when combined, neither state ranked among the top 10 in success rate. NIH SBIR/STTR applications in Oregon (29 percent success rate), Vermont (25 percent success rate), and Wisconsin (23 percent success rate) were the most likely to be approved over the ten-year period from 2008 to 2017. Each of these states, as well as many others with high success rates, offer assistance with proposals such as technical support programs and Phase 0 grants.

NC finds success with SBIR/STTR matching grants

An evaluation of the One North Carolina Small Business Matching Fund, a statewide initiative providing grants of up to $50,000 to recent SBIR/STTR awardees, suggests that the program is achieving its goals of creating high-skill, high-wage jobs. Over the past 10 funding cycles, the $17.2 million deployed across 250 small businesses has created or retained more than 900 innovation-oriented jobs, and raised an additional $5.6 million in tax revenue for the state, according to the analysis performed by the NC Department of Commerce.

Montgomery County, MD launches first county-based SBIR/STTR-match program

Although SBIR/STTR matching programs have existed at the state and regional levels for years, Montgomery County, Maryland, recently launched the country’s first county-based match program. The county council overwhelmingly approved the program, which will target Montgomery County-based small businesses receiving Phase I or Phase II SBIR/STTR grants through the National Institutes of Health (NIH), whose main offices are also within the county.

Useful Stats: SBIR/STTR awards by metro (2013-2017)

Last week, SSTI examined the geography of “America’s Seed Fund,” the SBIR/STTR awards, on a state-by-state basis. A look at how the more than 25,500 awards were distributed at the regional level over the five-year period from 2013 to 2017 yields additional insight. The metropolitan areas with the largest concentrations of SBIR/STTR awards include knowledge hubs with large universities and access to federal R&D, such as Boston, Los Angeles, and Washington D.C.

Useful Stats: SBIR/STTR awards by state, 2013-2017

The SBIR/STTR program, which dubs itself as “America’s Seed Fund,” is one of the broadest forms of early-stage capital available to small technology companies. During the five-year period from 2013 to 2017, the 11 federal agencies participating in the SBIR/STTR program distributed 25,524 awards. Using charts, maps, and a downloadable spreadsheet, this Digest article looks at trends in SBIR/STTR awards by state over the period, including the companies with the most awards and states where SBIR/STTR awards outnumber VC deals.

Panel would dramatically move Dept of Defense toward innovative small businesses

As hearings for the annual National Defense Authorization Act (NDAA) begin this week, a report by the “Section 809 Panel” is likely to influence the bill’s acquisition provisions. The panel, authorized by the FY 2016 NDAA, has emphasized efforts the Department of Defense can implement to work better with innovative small businesses, including simplified contracting and strengthening SBIR.

SBIR hits the road with funding opportunities for entrepreneurs

The U.S. Small Business Administration has announced its 2018 road tour connecting entrepreneurs with next generation R&D ideas to early stage funding led by the SBA’s Small Business Innovation Research and Small Business Technology Transfer programs. Each stop in the 18-state road tour will be hosted by a local organization, and program managers from the 11 participating federal agencies will conduct one-on-one meetings with attendees, take part in targeted panels, and share insights into how their agencies make funding decisions.

New NIH pilot provides free SBIR application assistance

Eligible small businesses who have not previously won an SBIR/STTR award from the NIH are able to apply for help through a pilot initiative, the Applicant Assistance Program (AAP). The primary goal of the AAP is to increase participation in the SBIR program by businesses that are owned or controlled by individuals who are traditionally underrepresented in the biomedical sciences. The pilot is aimed at helping small R&D businesses and individuals successfully apply for Phase I SBIR/STTR funding from the National Cancer Institute (NCI), National Institute for Neurological Disorders and Stroke (NINDS), National Heart, Lung and Blood Institute (NHLBI).

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