Published: Feb. 3, 2021

From January聽11-15, Venture Partners at 精品SM在线影片 kicked off our 2021 programming with SBIR Week, a mini-conference on the nuts and bolts of Small Business Innovation Research (SBIR) grants. Throughout the week over 200 lab scientists and faculty researchers joined us from universities across the Front Range (and some from the coasts!). We brought together guest speakers from across the country, including SBIR program managers representing federal agencies (NASA, , ), experts in writing winning proposals, deep-tech financial professionals聽and academics who have used SBIR grants to successfully launch products in their businesses.

精品SM在线影片 SBIR Week 2021

Day One

The week kicked off with our keynote 鈥溾 session with Ruth Shuman. Ruth is a former SBIR Program Manager for NSF聽and is currently the program director of NSF I-Corps. She discussed the high-level philosophy behind the SBIR program, including why someone should pursue the program and some of the ways to best utilize it.听

"Write the commercial plan first!" 鈥Ruth Shuman, NSF

Day Two

Day two was all about writing SBIR proposals, and we had two guest speakers: Jana Watson-Capps, an academia-life science strategic planning consultant with extensive grant writing experience, and Ken Malone, the managing director and co-founder of , a venture studio in Baltimore聽that specializes in turning scientific research from universities into businesses.

We learned about the fundamental requirements for writing SBIR proposals, and they discussed the best practices for winning proposals. When asked about using letters of support from other academics our guest was able to provide a clear, direct answer:

鈥淥nly letters from actual customers matter.鈥 鈥Ken Malone, Early Charm Ventures

Day Three

Wednesday鈥檚 session gave us a unique perspective into some of the behind the scenes operations of different SBIR programs. We brought together SBIR program managers from NSF, NIH and NASA for a panel discussion on the differences between what their criteria are for fundable technologies and how they judge grant applications. Afterward, we split into agency specific breakout rooms for more deepdive Q&A.

鈥淭he SBIR program is all about de-risking the tech to address a highly specific market need.鈥 鈥Ela Mirowski, NSF

鈥淩emember,聽you need proof of concept to be competitive.鈥 鈥Stephanie Davis, NIH

Day Four

The fourth day focused on finance with James Graham and Maileen Flores from presenting on how to leverage SBIR grant money. Jacob Segil from 精品SM在线影片鈥檚 Center for Translational Research shared his budget template while James & Maileen covered key financial components of the SBIR grants and different accounting and management tools to maintain them. The focus should be on building a company financial system rather than managing a single grant or project.听

鈥淚f you are trying to build this yourself, you want to think of the overall ecosystem that you are building." 鈥James Graham, Richtr Financial Studio聽

Day Five

For the final session of SBIR Week we heard from Levin Sliker, CEO and co-founder of , and Terrance Boult Research Faculty, serial entrepreneur using SBIR to launch, and co-director of the . They shared firsthand accounts of their experience winning SBIR grants and how they use the funding to launch a specific entry product and ultimately grow their businesses. Terrance also shared how he has helped graduate and postdoctoral students win SBIR awards to launch businesses as they graduate to provide an alternative career path.听

We closed out the week with some words from Terri Fiez, 精品SM在线影片鈥檚 vice chancellor for research and innovation.

鈥淧ulling from our various research institutions, [Colorado] could be the most vibrant place in the whole country, given the assets we have鈥 ...experts who can help guide you, or you helping the next person in line. That鈥檚 really what entrepreneurship is all about.鈥 鈥Terri Fiez, Vice Chancellor for Research and Innovation, 精品SM在线影片

Want Help?

For help with Small Business Innovation Research (SBIR/STTR) grants contact聽the Center for Translational Research.

For more opportunities and resources to commercialize your technology contact Venture Partners at 精品SM在线影片.听