Blog
After the Award #4 : Avoiding the Red Flags
Avoiding the Red Flags Prevention is the best method of making sure you’re considered a “best bet” to complete the work. The following questions are the ones on the minds of the agency considering you for an award. They’re also often employed by outside investors,...
After the Award #3: Will an audit be required?
Will an audit be required? The short answer? Yes. And no. It depends on the agency granting the award. But why do SBIR agencies even require audits after the award? Simple. They want to ensure that your financial system is free from misstatements, fraud or errors;...
After the Award #2 Read the award notice. Carefully.
After the excitement of receiving your award settles down, be sure to read the award notice or contract carefully. Then do it again. Government grant awards might seem like free money, but they do come with some strings attached. Those strings are determined by the...
What happens after the award?
#1: Hire the employees You can’t do everything yourself. You need the right people to help you move your company forward. But hiring the right people goes beyond simply finding them. Here are a few important things to consider: 1. Employee offer letter or employment...
BBC Entrepreneurial Training & Consulting Wins 2020 Tibbetts Award
Michigan-based company recognized for the economic and social impact resulting from promoting innovation and helping entrepreneurs through SBIR/STTR funding. CHELSEA, Mich. –– BBCetc announced today that it is one of the recipients of the Tibbetts Awards given by the...
What is a Technology Readiness Level (TRL) and why does it matter to you?
TRLs are a measurement system to assess the maturity level of a particular technology. The system was developed by NASA and has been used for many years by the Department of Defense and contracting agencies as a way to determine if a product is ready for the market....
NIH offers more funding opportunities than you may realize!
All SBIR/STTR-eligible companies interested in NIH should be aware that the agency offers additional funding and assistance programs to small businesses aside from the standard Phase I, Phase II, and FastTrack opportunities. We recommend that you first discuss any of...
NIH Pre-Submission Checklist
What do you need to do before you submit a proposal to NIH for the January 5, 2021 deadline. 1.Complete six registrations before submitting your application There is more to a NIH SBIR/STTR than the research. The registration process alone may take six to eight weeks,...
What innovations will interest the Air Force and can you get SBIR funding to develop them?
The Department of Defense offers a range of programs that include innovation goals and each of those programs has many different components. That means you have a wide range of potential customers for whatever solution your small business offers. So how do you know...
Why right now could be exactly the right time to apply for SBIR/STTR funding
Venture capital funding for startup companies in the U.S. has declined during the past six months, according to the Wall Street Journal. The reticence to invest in new ventures is primarily due to the catastrophic effects the COVID-19 pandemic has had on our economy....
