When applying for your SBIR, your budget considerations include more than just your direct costs of research.
We’ve become aware of a System for Award Management (SAM) registration issue from one of our clients that resulted in them not getting funded.
In a recent Quick Chat, I talked with Tom Schwei, a financial professional who has more than 25 years of experience working with Wisconsin-based life science companies.
Don’t leave your budget preparation till the last minute.
An often overlooked aspect of an SBIR proposal involves neglecting to realize your reviewers are people who have to wade through a slew of proposals quickly and efficiently. Ease their pain!
Why should an SBIR/STTR agency hire your company? While you may have a really innovative technology, it will be your team that does the work. Spending time on the biographical sketch is your opportunity to reinforce your team’s experience and highlight your credentials towards the specific role you will have on this company’s SBIR/STTR project.
A common topic to include in your SBIR proposal is a discussion on the competition. While we often hear our clients say that they “Don’t have any competition” or there are “No others doing this,” there is always some alternative that your customers can use or are using to solve the problem.
The Financial Plan is often missing or weak in Commercialization Plans I review.
A common topic to include in your SBIR proposal is a discussion on the competition.
Feasibility is often a loosely defined term that might be difficult to pin down.