Not quite live… here are notes from the first two sessions of the NIH Summer Conference in Atlanta.
SBIR Atlanta Notes Hot! 92 degrees.
AirTran – filthy plane, one hour layover in Baltimore from Burlington to Atlanta, $69.00 upgrade to business class, comfortable seat.
MARTA – terrific underground transit system $13.00 for a four day pass. You wave the pass in front of a panel and it opens the door.
Omni Hotel @ CNN Center, great so far…if you enroll in their “select guest” program, you can get coffee and a paper delivered to the room in the morning at no extra charge…or add $2.95 for a croissant.
CDC is in the backyard….they are present today.
FDA is also here
One on Ones == 19 of 24 sessions leave a business card if nobody is there.
RAID – for drug discovery
Evening reception at 4:30 provided by Putnam Williams, outside the main ballroom in the registration area.
“This isn’t your grandmother’s SBIR/STTR Program Anymore.” JoAnne Goodnight
The program is in its 25th year. About 50% of the conference participants are new. Over 500 people are attending the conference; it does seem busy and big.
SBIR/STTR Program Overview
NIH SBIR/STTR Program Specifics
Solicitations and Funding Opportunities
STTR is only .03% of extramural funding
STTR is was set up ten years after SBIR. Designed for more academic co-operative R&D.
The programs are the largest seed capital source…. 2.3 billion dollars
NIH is one of the biggest of the the 14 or so agencies that participate.
Phase III can not use SBIR/STTR funding for final commercialization.
Failure is OK. Sometimes you won’t reach the marketplace.
These programs are unique in the government. High-risk, high-reward research.
SBA is the administrative umbrella.
Company organized as a for-profit
PI primary employment must be with the small business concern at time of award and for the duration of the project period
US owned 51%
STTR must include an intellectual property agreement worked out with the research institution
Difference between SBIR and STTR
STTR allows the PI to employed by the business or the research institution.
SBIR requires PI to be employed by the business.
Nuances of the NIH.
Not just drug development
Not just medical devices
SBIR/STTR are fully integrated with the NIH agenda
23 NIH centers support SBIR/STTR
Heart Lung and Blood
Average award for Phase 1 are $170,000 and 12 months
Phase II competing renewal —
Question does NIA participate in the Phase II competing renewal? Answer…yes it does.
Timlines – 6-9 months (although my experience was close to 12).
There are initiatives to reduce the review timeline (number of months between submission and an award) .
Number of applications are decreasing (!)
Trying to figure out why —
This is good news, current funding rates are:
24% Phase 1 funded (of grants submitted)
42% Phase II funded
19% Fast-Track funded
There are more and more university startups.
1/2 attendees today are affiliated with a research institution
The differences between university and business
* Understand the institute mission and needs
* Read solicitation and follow instructions
* Don’t go it alone — find partners
* Don’t depend solely on SBIR STTR funding
* Have an outcome
* Be persistent
Second Talk Dr. Suzanne Fisher Director of Receipt and Referral CSR/NIH
About how the Center for Scientific Review Works
or have some kind of rolling, ongoing application process
IC = Institute or Center
SRO = Scientific Review Officer
Changes in the past 1.5 year or so
* Two day error correction windows (shortened from five days)
* Multiple Principal Investigator option. (contact PI must meet the SBIR requirements)
* No paper letters like the summary statement are sent anymore. Everything appears on the NIH commons web site.
Anyone not registered with the Commons must get registered.
We don’t give permission in advance
One attachment should be a cover letter. There is a suggested format
Don’t submit derivative applications (multiple diseases)
You can resubmit twice. You have to receive the summary statement before resubmitting.
Only 1 Phase II from a single Phase I is allowed.
Electronic Submission is done between Grants.Gov and the NIH Commons
Do the research plan as one document and the cut it up so that you can stay within the page limits
If you do not see your NIH image on the Commons…NIH doesn’t see it either. (so follow up after submitting and make sure it is there).
There are referral guidelines for institutes and centers. You are not owned by a single institute….try to diversfy.
The secret two-letter decoder ring for NIH agencies as part of your grant #.
Peer Review Group
Scientific Review Group
SRG does the score….
Councll is institute
Funding decision made by Institution/Center
Small business representatives are on review committees
Trying out videoconferencing, and wikis
Most peer reviewers have a Doctoral degree
First thing they do is “unscoring”… find the 40% that are to be rejected, however any reviewer can say they want to perform a review.
Priority Score – 100-350
100 is the best possible score, 350 is the worst.
All institutes have put a lot of work into their web sites and FAQs.