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Preparing a Credible Budget for SBIR/STTR
April 21, 2021 @ 10:00 am - 12:00 pm EDT
Developing a proper budget for a grant or contract proposal should not be overlooked. A proper budget can be an effective tool in driving the project from start to finish. Be sure not to leave money on the table. This session will walk through the development of a project budget. Items covered will include what costs need to be included, how to write a budget justification, can the company afford to pursue this project, what indirect rate should be used and more.
About the Presenter: BBCetc Managing Partner and Co-owner, Kris Bergman
Kris is a Managing Partner and co-owner of BBCetc. Prior to purchasing the company in October 2016, Kris was Principal Consultant for Grants and Contracts Management, having joined BBCetc in 2000. In addition to BBCetc’s financial and business management, Kris assists clients in preparing to receive and manage federal grant and contract funds. This includes advice on financial policies and procedures, DCAA compliance, budget development, indirect cost negotiation, Just-in-Time response, using QuickBooks and preparing for government audits. Prior to joining BBCetc she owned and operated two different service startups before becoming the Global Sales Administrator or a major software development company.
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 costs covered in whole or in part by the state. The program is funded by the Michigan Strategic Fund (MSF), administered by the Michigan Economic Development Corporation (MEDC) and managed by BBC Entrepreneurial Training & Consulting.
Funds for this initiative were provided by the 21st Century Jobs Fund, an MSF program designed to accelerate the growth and diversification of Michigan’s economy.