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,...

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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;...

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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...

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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...

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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,...

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