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About The Program
The Small Business Innovation Research (SBIR) Program is a set aside, competitive grant funding program for small businesses. This funds companies with innovative technologies with potential for commercialization to engage in high risk, big payoff R&D. The Small Business Technology Transfer (STTR) Program, is a related program, encouraging cooperative R&D between the small business and U.S. research institutions. Three phases include testing feasibility of the scientific innovation, product development activities and finally commercialization.
The Center for Biotechnology has a goal to advance academic technologies toward commercialization and economic impact in New York State. Through multiple initiatives the Center for Biotechnology has guided and funded, through the ITD Program (Innovative Technology Development), translational research and development efforts on the academic campus. This has lead to establishment of new companies as well as to out licensing of value-added technologies. In parallel to these activities SBIR/STTR grant submissions have been submitted by local start up companies. In particular, emerging bioscience companies residing with the Long Island High Technology Incubator (LIHTI) have been successful in this program. In 2006 and 2007 a reduced indirect cost rate of 15% was negotiated and offered to companies collaborating in their Phase I SBIR/STTR projects with Stony Brook University faculty. To further aid startup companies, and with collaboration from administrators of Stony Brook University, companies can access the laboratory/office space, expertise and resources needed to compile a successful application for federal funding. This approach has helped seed and fund new bioscience companies resulting in creation of new jobs, an increase in corporate revenues and licensing income along with industry match and leveraged funding, thereby nourishing the bioscience industry clusters on Long Island.
With a recent award from Suffolk County, the Center for Biotechnology has formalized an SBIR Assistance Program to encourage and help new high technology companies wishing to pursue funding for high risk, big payoff technology commercialization. The Center offers guidance to prepare and submit grant applications.
SBIR Assistance Program Goals:
- To increase successful applications from Suffolk County companies for SBIR Grants
- Help attract, retain & develop high technology companies in Suffolk County with a focus in the life sciences
- Facilitate collaborative relationships, as well as access to high technology facilities, with regional research institutions such as Stony Brook University
Services:
- Guidance with new electronic registration and application preparation
- Assist in identification of commercial research laboratory space
- Facilitate access to academic collaborators and core research facilities that add world-class technical expertise
- Match industry funds for SBU campus R&D through the Center for Biotechnology's ITD Program
- Provide critical market data, competitive analysis & commercialization strategies through grant writing and coordination services
- A reduced 15% indirect cost rate to encourage SBIR Phase I subcontracts to faculty
Events:
2008 Long Island Regional SBIR Workshop
March 20, 2008
Click here for more information
For further information contact:
Anil Dhundale, Ph.D.
Director, Scientific Affairs
Center for Biotechnology
631-632-8443, or -8521
anil.dhundale@stonybrook.edu
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