Funding for Innovation on Nov. 6 Features SBIR Expert Lisa Kurek
Lisa Kurek, Managing Partner of BBC Entrepreneurial Training and Consulting LLC, says applying for Small Business Innovation Research (SBIR) grants is "not a complicated process" but it differs significantly from other grants faculty may be more familiar with—namely, basic research grants from the National Institutes of Health (NIH) or the National Science Foundation (NSF). When Kurek comes to Yale campus on Wed., Nov. 6 for a luncheon and BioHaven event, she'll provide basic information about SBIR grants and address common misconceptions.
There's a wealth of grant money available to small businesses through the government's SBIR and Small Business Technology Transfer (STTR) programs. Faculty/University startups formed around their innovative research are eligible for $150,000 in Phase I grant money and $1,000,000 in Phase II grant money. What's more, through the SBIR Acceleration and Commercialization Program from Connecticut Innovations, awardees can receive matching grants of up to $40,000, allowing researchers to gather additional data, protect intellectual property, conduct market research and more. Qualifying companies may apply for up to two of these CI grants per year.
When it comes to applying for these grants, Kurek says "a lot of people are unsuccessful because they don't understand strategically how to use them." Areas of research with great SBIR potential include medical diagnostics, therapeutics, materials science, education technologies and software. "Universities do the best working in areas where they already receive NSF and NIH funding," Kurek says, "where SBIR/STTR can facilitate moving research to commercialization."
Want to learn more? Come to one of the following events on Wed., November 6!
SBIR Luncheon: Wed. Nov. 6, 12-1 p.m: Luncheon with Lisa Kurek at the Beaumont Room, 333 Cedar St., Sterling Hall of Medicine. Co-Sponsored by the Yale Center for Clinical Investigation. **Lunch provided** Register here.
BioHaven: Funding for Innovation: Wed., Nov. 6, 4-6 p.m.: At the Anlyan Center, 300 Cedar St., New Haven. Register here. The event will feature: Lisa Kurek, Managing Partner, BBC Entrepreneurial Training & Consulting and Program Director of SBIR Impact NYC, who will share the “Keys to Success” in applying for these grants; Merrie London, SBIR Manager at Connecticut Innovations, who will provide an overview of the resources available in Connecticut; Margaret Cartiera, Senior Investment Associate at Connecticut Innovations; A panel of SBIR awardees who will discuss how they successfully navigated the process; Networking and refreshments. BioHaven: Funding for Innovation is hosted by the Yale Office of Cooperative Research, Connecticut United for Research Excellence and Connecticut Innovations.
**Can't make the Nov. 6 events? Check out the next BioHaven on Nov. 14, 4-6 p.m., Crowdfunding: Three Different Models, featuring Mona Jhaveri of Beats of Laughter, Elgin Tucker of Black Startup and Olivia Pavco-Giaccia of Lab Candy. More information and registration here!