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OCAST Funding Opportunities

OCAST Funding Opportunities. OUHSC College of Pharmacy October 9th, 2012. Applied Research. Provides 1:1 match for any research with commercial potential Two funding cycles per year Proof-of-concept funding: Maximum $45,000 each year for 1-2 years

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OCAST Funding Opportunities

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  1. OCAST Funding Opportunities OUHSC College of Pharmacy October 9th, 2012

  2. Applied Research • Provides 1:1 match for any research with commercial potential • Two funding cycles per year • Proof-of-concept funding: Maximum $45,000 each year for 1-2 years • Accelerated funding: up to $300,000 for one to three years • 53 percent award rate • Solicitation Online: March 1st, 2013 • Application Deadline: April 10th, 2013

  3. Plant Science • Provides both matched and non-matched funds for plant science research • Basic Research provides non-matched funds up to $50,000 per year for one or two years • Applied Research must have commercialization potential and requires 1:1 match • Proof-of-Concept provides up to $50,000 per year for one or two years • Accelerated provides up to $100,000 per year for one or two years • 32 percent award rate • Solicitation Online: October 1st, 2012 • Application Deadline: November 28th, 2012

  4. Health Research • Provides funding for basic research related to human health • No match required • Maximum of $45,000 per year for up to three years • 26 percent award rate • Solicitation Online: February 1st, 2013 • Application Deadline: March 6th, 2013

  5. Intern • Provides 1:1 match for undergraduate student or faculty member intern experiences in industry settings • Business must be involved • Student experiences can be in a variety of areas • Manufacturing • Applied research • High-tech business support services • $30,000 per year for one or two years • 85 percent award rate • Solicitation Online: September 7th, 2012 • Application Deadline: November 14th, 2012

  6. OKLAHOMASBIR/STTRCOLLABORATIVERESOURCES

  7. SBIR & STTR Overview Small Business Innovation Research (SBIR) • 11 Federal agencies that award ~$2.5B • Two types of projects: • Development of new technology • New applications for existing technology Small Business Technology Transfer (STTR) • 5 Federal agencies that award ~ $261.4M • Small businesses identify a federal lab or university technology and use the STTR program to transfer and commercialize it

  8. Benefits of SBIR/STTR • Company retains ownership of all IP • Grants/contracts are a non-dilutive source of project funding – not a loan, no repayment • Funding for risky endeavors • Provides third party technology validation • Attracts follow-on investment and commercialization partners • May lead to publication

  9. Challenges of SBIR/STTR • Identifying a topic • Understanding that each agency has different application requirements • PI and management team qualifications • Online submission and DCAA compliance • Funding timeline • Short time lapse from solicitation notice to application deadline • Project and funding needs require forethought

  10. Total Number of SBIR/STTR Awards $40.07M $7.45M $19.02M $7.20M $6.40M

  11. Top Winning States $4.49B $1.57B $1.51B $103.9 M $96.36 M $120.9 M $121.6 M $122.2 M

  12. Statistics: Phase I FY10 SBIR STTR $80 Average Award (in Thousands of $$) $100 $88 $267 $156 $82 $87 $87 $107 $232 $89 $149 $100 $99 $93 $69

  13. Statistics: Phase II FY10 SBIR STTR $595 $690 $496 $898 $382 $225 $521 Average Award (in Thousands of $$) $192 $356 $308 $1,409 $979 $488 $1,436 $231 $644

  14. SBIR Eligibility • Small business with ≤ 500 employees • Must be a for profit entity • PI must be principally employed by the business • 51% owned and controlled by U.S. citizens • Subcontractor participation up to 33% Requirements/qualifications may differ between agencies

  15. STTR Eligibility • Only small, for-profit business can participate • PI may be fully employed by the research institution • 40% of the work must be done within the business • Subcontractor participation up to 60% • IP ownership can reside with either the business or research institution Requirements/qualifications may differ between agencies

  16. OSCR Resources • SBIR/STTR proposal preparation services • It’s not a writing service - it’s a getting ready to write service • Pre-review service • Matches innovations with open topics • Provides assistance with identifying strategic partners and building collaborations • $25k funding for Phase II proposal submissions • Upcoming Deadlines • DOD applications due Sept. 26th • NIH and NSF applications due Dec. 5th • NASA releases topics Sept. 17th • DOE releases renewable topics Oct. 29th • USDA application deadline Sept. 13th

  17. How to engage OSCR • Step One • Email a short technology and company paragraph/one-pager • Step Two • Contact Steven Martinez to set up an introductory meeting • Step Three • Pre-application

  18. Contact Information • Steven Martinez, Client Service and Programs Manager • steven.martinez@ocast.ok.gov • 405-319-8408 • Will Graves, Programs Division Intern • will.graves@ocast.ok.gov • 405-319-8428

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