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Welcome to the WISE newsletter, a program of
The Falcone Center for Entrepreneurship at Syracuse University

Thursday, September 01, 2005

Half-Off National SBIR/STTR Conference Fee

From Central New York Technology Development Organization

NYSTAR is offering a 50 percent discount off the $350 registration fee to the National SBIR/STTR conference in Albany, NY, on November 14-17, 2005. At this conference, startup and existing high-tech companies can learn about the SBIR/STTR Program and what it takes to win part of the $2+ billion in annual funding. Visit the Conference Site for additional information.

What is SBIR/STTR?:

Each year, 11 federal departments and agencies are required to reserve a portion of their R&D funds for award to small businesses through the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. SBIR/STTR funds high-risk projects at the earliest stages of technology development - before companies can attract venture capital - and helps companies commercialize technology, products, and services.

Awards are generally up to $100,000 for phase I (exploring the technical merit or feasibility of an idea or technology) and up to $750,000 for phase II (R&D, prototype development, and evaluating commercialization potential). New York companies were awarded $62 million of SBIR/STTR funds (224 awards) in the most recent year available.

NYSTAR Scholarship Eligibility

To qualify for a NYSTAR scholarship the applicant must be or plan to be a New York State company with fewer than 500 employees, individually-owned and operated by U.S. citizens or permanent residents. A NYS company is a for-profit enterprise with a permanent place of business located in New York employing a full-time workforce. The total number of scholarships is limited and only one will be awarded per company.

Scholarships are available in three tiers:

  1. Companies that are affiliated with or referred by a NYSTAR award recipient and have not previously won an SBIR/STTR award. Apply anytime but they are encouraged to apply by Sept. 1 to maximize likelihood of a scholarship.
  2. Companies that are affiliated with or referred by a NYSTAR award recipient and have previously won only a Phase I SBIR/STTR award. Apply anytime after September 1.
  3. Any NYS company, researcher or inventor that is affiliated or referred by a NYSTAR award recipient. Apply anytime after October 1.

For more information and to apply, contact your NYSTAR-designated Regional SBIR Specialist:

Central New York, Capital Region, North Country, Southern Tier, and Mohawk Valley regions:
Marcie Sonneborn
Central New York Technology Development Organization
1201 East Fayette Street, Syracuse, NY 13210
Phone (315) 425-5144 Fax (315) 233-1259

Western New York and Finger Lakes Regions:
John McGowan
Insyte Consulting
726 Exchange Street, Suite 620, Buffalo NY 14210
Phone (716) 636-3626 Fax (716) 845-6418

New York City, Long Island, and Mid-Hudson Regions:
Franklin Madison, Jr.
Industrial and Technology Assistance Corporation
253 Broadway, Room 302, New York, NY 10007
Phone (212) 442-2990 Fax (212) 442-4567

About NYSTAR's SBIR Outreach Program

NYSTAR supports three specialists who help companies and entrepreneurs with strategies on how to approach SBIR/STTR; coaching on licensing issues; pre-submission proposal review; unfunded proposal reviews; and more. Learn more at: http://www.nystar.state.ny.us/sbir/outreach.htm.


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