Michigan Tech Entrepreneurs: Are You Getting What’s Coming to You?

If you’re an entrepreneur in Michigan, you’re lucky. There are all kinds of assistance programs within the state to help you cultivate your idea into a marketable product. And, if your company is technology-based, you’ve got it even better. Michigan is one of only a few states that provides a comprehensive program to train and help you prepare proposals to compete for federal funding through the government’s SBIR and/or STTR programs at little or no cost to you.

The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs award over $2.5 billion dollars in grants and contracts annually through a competitive awards-based program. 11 agencies participate in the federally-mandated programs. This compelling source of non-dilutive funding encourages small businesses to explore their technological potential and provides the incentive to profit from its commercialization.

Michigan’s SBIR/STTR Assistance Program is funded by a grant from the Michigan Strategic Fund (MSF), administered by the Michigan Economic Development Corporation (MEDC) and managed by BBC Entrepreneurial Training & Consulting (BBCetc). The current program is in effect through September 2014 or until such time as MSF funds are no longer available. Here’s an overview of program components:

SBIR/STTR Training
All aspects of writing competitive proposals for R&D funding through the federal SBIR/STTR program are covered in a series of seminars and workshops. The training covers all agencies, including the Department of Energy (DoE), National Science Foundation (NSF), Department of Defense (DoD), NASA and the National Institutes of Health (NIH). Classes and webinars include basic program overviews, proposal preparation workshops and seminars on electronic submission, technology commercialization, grants management and others.

Detailed course descriptions, fees and registration information are available online at bbcetc.com/training.

SBIR/STTR Proposal Development Assistance
Through the Michigan Assistance programs, companies receive one-on-one help in all aspects of SBIR/STTR proposal development, including:

  • developing an overall grant strategy
  • identifying appropriate solicitations
  • project planning
  • scientific and editorial review
  • assistance with proposal submission
  • assistance with details of post-submission administration

*Note: To be eligible for proposal development assistance, prospective clients must complete a brief assessment form and have attended a SBIR/STTR agency-specific seminar. Client fees apply only when a proposal is funded. Fees are $1,500 for a funded Phase I proposal and $5,000 for a funded Phase II proposal. This money goes directly back into the program.

For More Information
BBCetc collaborates with organizations across the state, including the MEDC, MI-SBTDC and Michigan’s Smart Zones™, including the Macomb-OU INCubator, to make this program readily available to entrepreneurs and technology companies. To learn more about this program, visit BBCetc.com.

Lisa Kurek
Managing Partner
BBC Entrepreneurial Training & Consulting

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