THE SBIR PROGRAM

A Funding Option with No Equity and No Debt!

Are you an executive of a small business? Are you frustrated with the difficulty of finding funding (and no-strings at that!) for your company's research and development? The Small Business Innovation Research (SBIR) Program may be the answer for you!

The Federal Government must spend over $2 Billion on small business technology development during the next fiscal year. This money is earmarked for the research and development of technology all the way from concept to prototype to commercialization.

Fred Patterson will work with you to help you successfully compete for a share of this no-strings money. In his more than seventeen years of experience with the SBIR program, Fred has been a co-founder of two Texas companies which derived almost all of their early-stage revenues from SBIR -- together totaling over $50 million. All in all, from his companies and his dozens of clients, he has been involved with well over 800 proposal submissions, of which approximately 50 have been Phase IIs. In terms of funded proposals -- the number is over 200, with over 35 Phase II wins. His Phase III commercialization funding exceeds $18 million.

Eleven Federal agencies publish open solicitations for small businesses to submit proposals to solve technology-based problems. The Federal agencies include the Departments of Defense, Health & Human Services, Energy, Transportation, Education, Commerce, Homeland Security, and Agriculture, as well as the National Science Foundation, the EPA and NASA.  Each small business may receive close to $850,000 for a specific project, though awards of $2 million or more are not unheard of.

The SBIR program is extremely competitive. On average, only 15% of the submitted Phase I proposals are funded (odds may be as high as 1 in 3 for some agencies, lower for others). What about the 85% that are not funded? It's not because the ideas or technologies were without merit. On the contrary, it's more likely that the applicants did not articulate their proposed solutions clearly enough to compete successfully with those who did.

As your SBIR Coach, Fred will guide you in the process of producing well-written winning proposals, and will ensure that your experience with the SBIR Program is hassle-free.