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Get the Inside Scoop on NIA: Meet with Senior Scientific Advisor from the National Institute on Aging (NIA) and our September 19th event

The Center for Technology Commercialization is pleased to host the National Institute of Aging (NIA) Division of Extramural Activities Senior Scientific Advisor, Dr. Rene Etcheberrigaray. 

Dr. Etcheberrigaray comes from the Center for Scientific Review where he most recently served as Deputy Director and previously as Director, Division of Neuroscience Development and Aging.

Attend this free workshop to learn about;

Invitations to schedule one on ones with CTC staff and Dr. Etcheberrigaray will be sent out a week before the event.

Register today to secure your spot.  We have limited seating available in our venue.

Date: September 19, 2019
Time: 1:00 PM – 4:00 PM
Location: Pyle Center - 702 Langdon St, Madison

Building your Financial Plan

The Financial Plan is often missing or weak in Commercialization Plans I review.  That is understandable because to do it credibly, you need a lot of well supported data.  You need to produce credible numbers on how you will Make It, Sell It, Finance It.  This is usually placed at the end of the Commercialization Plan, and hopefully pulls it all together.  The difference between weak and strong is in the level of detail and the basis and support for your assumptions and projections.  Read the entire article....

Things to consider when writing your financial plan:

  • Revenue projections (bottom up) and assumptions
  • Key stages to commercialization and the associated milestones timing and cost to get there (e.g. product development, regulatory, product testing, first customers, breakeven cash flow, etc.)
  • Source of capital to achieve the milestones
  • Operating costs including customer acquisition costs and costs to grow/scale the business
  • Net profit growth projection or “value creation” projection
  • Cash flow projection and strategy to cover shortfalls
  • Validation/commitments (e.g. investors, customers, licensees, strategic partners)
  • Assumptions, validation, evidence
Read the entire article....

Project Pitch Reminder

The required Project Pitch allows startups and small businesses to get quick feedback at the start of their application for Phase I funding from America’s Seed Fund powered by NSF.

Startups or entrepreneurs who submit a three-page Project Pitch* will know within three weeks if they meet the program’s objectives to support innovative technologies that show promise of commercial and/or societal impact and involve a level of technical risk. They will also get additional guidance and feedback from NSF staff.

If your Project Pitch is a good fit for the program, you will receive an official invitation from NSF to submit a full proposal. If you’re not invited to submit, you’ll be told why your project is not appropriate for the program.

Read the entire article for an outline of the four key elements required in your Project Pitch....


As always, contact CTC to proofread your Project Pitch or help you assemble one. 

Submitting to NSF? 
CTC Presubmission Review

Planning on submitting an SBIR proposal for the June NSF deadline? Let us review it first. Our multidisciplinary panels mimic the federal agency’s review process and taps reviewers with experience in SBIR/STTR funding, technology commercialization and/or technical expertise.
Our goal is to provide you with actionable recommendations regarding your draft ahead of your SBIR/STTR submission deadline. 
Draft proposals due by noon on November 19th.

In case you missed it...

Competition. Let's Talk about It
Submitting an SBIR:Your affiliation with a University

Find the Appropriate SBIR/STTR Agency and Topic
Lean Startup Doesn't Work
What is feasible?
Tips from a Lean Startup Pro
Don't know where to start on your 1st draft?
Consumer feedback helps bring tech to market
Are you a fit for SBIR?  Take the T.E.S.T.
Let's Talk Significance
Resubmitting an SBIR?  Read this first!
Perfecting Your Pitch to Program Managers

Read more news you can use here.

Stay in Touch

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New to CTC?  Request a counseling session.

Events

September 19, 2019
NIA Opportunities; Small Business, Career Development and Training
Madison, WI

October 2, 2019

2019 WI BioHealth Summit
Madison, WI

October 8-10, 2019

SBIR/STTR Fall Innovation Conference
National Harbor, MD

Solicitation Deadlines

NIH SBIR Application Deadline
1/5/2020
NIH/CDC Contract Application Deadline
10/23/2019
DOE SBIR Application Deadline
10/15/2019
DOD SBIR/STTR Application Deadline
Topics

10/23/2019
USDA SBIR Application Deadline
10/26/2019
NSF SBIR Submission Window Closes
Don't forget your
Project Pitch!

12/12/2019
DOE Turtorials
Take advantage of DOE's 36 tutorials on Phase 1 Proposal prep. 
Interested in finding funding or guidance for your technology, but not sure where to start?
Contact CTC for an ALWAYS free counseling session today!
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