The government’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs make over $3 billion in high-risk, non-dilutive capital available to innovative small companies annually. The process is complex with a steep learning curve, but the impact of receiving $millions in non-dilutive funding is worth the effort.
If you are considering pursuing SBIR or STTR funding, the first step is to learn what it takes to be eligible and then determine which of the 11 participating agencies best fits your technology. This session will give you basic information to determine if this is a path you would like to seriously pursue.
About the Presenter: Amanda Barnhart, MBA
Amanda joined BBCetc as a Principal Consultant in 2020 after serving as the Director of Business Development and Regulatory Affairs for a Michigan manufacturing facility producing medical isotopes for cancer therapy. In addition to her directorial responsibilities, Amanda worked as a nuclear engineer, project manager, and program manager to secure over $60 million in DoE, DoD, DHS and private investor funds. She’s won over 30 Phase I, Phase II, and Phase III contracts through the SBIR/STTR program and she has managed the post-award administration process for five universities and six national laboratories. She has an Executive MBA in Integrative Management from Michigan State University and a Bachelor’s in Materials Science and Engineering from the University of Michigan.
Do you know about Michigan’s SBIR/STTR Assistance Program? The Michigan SBIR/STTR Assistance Program provides SBIR/STTR training and proposal development services to technology companies with most costs covered by a state grant. The program is managed by BBCetc.
Funds for this initiative were provided by the 21st Century Jobs Fund, a MSF program designed to accelerate the growth and diversification of Michigan’s economy.