Archive for June, 2009

I Thought VC Funding was Drying Up?

Maybe things are looking up! VC firms invested $228 million in 39 tech startups in New York City in the first quarter of 2009. It would be interested to know how that stacks up compared to other areas in the country. Of course, we don’t know how expensive that money was (ergo how much of the pie did start ups have to give up), but overall it’s very exciting to hear that such a large amount of funding is trickling down to worthy start ups!

http://money.cnn.com/2009/06/04/technology/vc.startups.nyc.fortune/index.htm?section=magazines_fortune

2 comments June 5, 2009

Bridge Span SBIR Grant Announced

Another interesting SBIR Grant announcement to share:

This grant is meant to help companies overcome the gap between R&D and going to market. They are encouraging submissions to include preliminary pre-clinical work .  It’s quite an opportunity to gain some undilluted financing, as submissions can include a  budget of up to $1 million in total costs for up to 3 years . The NIH has committed $35,000,000 to the program, and  hanticipates awarding 10 grants in 2010.

The submission date is September 1, 2009 at 5PM local time, and while Letters of Intent are not required, they are encouraged and due by August 3, 2009 .

For more information, go to http://grants.nih.gov/grants/guide/rfa-files/RFA-OD-09-008.html

Add comment June 4, 2009

High Risk Reward NIH Grant Announced

An interesting funding opportunity opened up at the NIH. This is similar to SBIR Phase I, but only applicants who haven’t received SBIR before are eligible. It is an early stage technology development program – “high risk reward”. Details are pasted below. The full announcement is available at http://grants.nih.gov/grants/guide/rfa-files/RFA-OD-09-009.html

 Recovery Act Limited Competition: Small Business Catalyst Awards for Accelerating Innovative Research (R43) Letters of Intent Due Date: August 3, 2009 Application Due Date(s): September 1, 2009 Budget requests are limited to $200,000 total costs for a maximum project period of one year Research Plan: not to exceed 6 pages, including tables, graphs, figures, diagrams, and charts The Small Business Catalyst Award for Accelerating Innovative Research funding opportunity: Applications are solicited for support for projects that have the potential to generate high impact results (e.g., products, processes or services) and/or innovative research applications, research tools, techniques, devices, inventions, or methodologies. The outcomes of the research supported should have potential to lead to products that will improve public health and create significant value and economic stimulus. This FOA solicits early-stage ideas that promise to lead to major leaps forward in capabilities important to serving the mission of NIH rather than incremental improvements of existing technologies. In accord with the funding priority of this initiative to attract applicants without a history of SBIR/STTR support from NIH, the focus of the projects solicited by this FOA is on early stage technology development.

Add comment June 3, 2009


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