Show Me The Money

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Show Me The Money
Sources of Alternative Funding January 19,
2006 Michael Haag Director of Biomedical
Licensing
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Why are you here?

• Lack of money is no obstacle.

Lack of an idea is an obstacle. -Anon
You are the idea makers!
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Why are we here?

• To assist you in ensuring that lack of funding
  does not become an obstacle.

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SBIR

• Small Business Innovative Research
• Each year 10 federal departments are required to
  reserve a portion of their RD budgets for SBIR.

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SBIR (contd)

• The Following Agencies participate in SBIR
• Department of Agriculture
• Department of Commerce
• Department of Defense
• Department of Education
• Department of Energy
• Department of Health and Human Services
• Department of Transportation
• Environmental Protection Agency
• National Aeronautics and Space Administration
• National Science Foundation

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SBIR (contd)

• Eligibility Criteria
• American-owned and independently operated
• For-profit
• Principal researcher employed by business
• Company size limited to 500 employees

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SBIR (contd)

• Three Phase Process
• Phase I up to 100,000 for 6 months to explore
  technical merit or feasibility.
• Phase II up to 750,000 for up to 2 years RD
  performed to evaluate commercial potential
• Phase III move technology from bench to
  marketplace no SBIR funds for this phase.
• Phase I/Phase II Fast Track available.

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STTR

• Small Business Technology Transfer program
• Each year 5 federal departments are required to
  reserve a portion of their RD budgets for STTR.

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STTR (contd)

• The Following Agencies Participate in STTR
• Department of Defense
• Department of Energy
• Department of Health and Human Services
• National Aeronautics and Space Administration
• National Science Foundation

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STTR (contd)

• Eligibility Criteria
• American-owned and independently operated
• For-profit
• Principal researcher need not be employed by
  small business (i.e. you can be the PI)
• Company size limited to 500 employees

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STTR (contd)

• Three Phase Process
• Phase I up to 100,000 for 6 months to explore
  technical merit or feasibility.
• Phase II up to 750,000 for up to 2 years RD
  performed to evaluate commercial potential
• Phase III move technology from bench to
  marketplace no STTR funds for this phase.
• Phase I/Phase II Fast Track available.

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SBIR/STTR

• For more information see
• http//www.sba.gov/sbir/
• http//www.acq.osd.mil/sadbu/sbir/ (click on
  SBIR tutorial)

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Third Frontier Program

• Originally supported by tobacco settlement funds.
• Enacted into legislation in 2003.
• The 10-year, 1.6 billion initiative designed to
  
• Build world-class research capacity
• Support early stage capital formation and the
  development of new products
• Finance advanced manufacturing technologies to
  help existing industries become more productive

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Third Frontier Programs

• Wright Centers of Innovation
• Wright Projects
• Biomedical Research and Commercialization Program
  (BRCP)
• Third Frontier Fuel Cell Program
• Pre-seed Fund Initiative
• Product Development Pilot Program
• The Innovation Ohio Loan Fund
• Third Frontier Internship Program
• The Ohio Research Commercialization Grant Program
  (ORCGP)
• The Third Frontier Network

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Wright Centers

• Designed to support large-scale world-class
  research and technology development platforms
• Capital dollars only
• Requires collaborations between educational,
  non-profit research, and commercial companies in
  Ohio
• Directed to the following areas
• Advanced Materials
• Bioscience
• Power and Propulsion
• Information Technology and Instruments
• Controls and Electronics

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BRCP

• Grants to support biomedical and biotechnology
  research leading to Ohio commercialization and
  improving the health of Ohioans.
• All RD dollars, no capital dollars.
• Requires collaborations between educational,
  non-profit research, and commercial companies in
  Ohio
• Directed to the following areas
• Human genetics and genomics
• Structural biology
• Biomedical engineering
• Computational Biology
• Plant Biology
• Environmental Biology

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Third Frontier

• For More Information
• http//www.thirdfrontier.com/
• handout

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Federal Commercialization Grants

• More and more RFPs include commercialization
  components and require participation of a
  commercial partner
• Many faculty do not apply because they do not
  have a partner identified
• We and other offices on campus can help
• Involve us early!!

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Corporate and Foundation Relations

• Have established relationships with companies,
  granting agencies, and foundations
• Have expertise in current RFPs for all involved
• Can help to find that all elusive partner
• Arrange meeting with them to discuss your
  specific research area

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Corporate and Foundation Relations

• For More Information
• Contact Sharry Floyd
• Director of Corporate Development
• (Ph) 368-3121
• sharon.floyd_at_case.edu

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Sponsored Research

• Research dollars for directed research given to
  Case from corporate sponsor.
• Can be more restrictive in the types of
  activities performed.
• Requires finding a sponsor
• Invention Disclosures that do not lead to
  licenses can sometimes lead to sponsored research

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Sponsored Research

• For More information
• On potential sponsors
• Case TTO
• Corporate and Foundation Relations
• On process and forms
• Office of Sponsored Projects Administration
• http//ora.ra.cwru.edu/ospa/
• Office of Research Administration
• http//casemed.case.edu/ora/staff.cfm

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• Thank You
• Michael Haag
• Director Biomedical Licensing
• [phone]
• michael.haag_at_case.edu