Components of an Effective SBIR/STTR funding proposal

Your proposal is the first and one of the most important step towards SBIR/STTR Funding. So it better be effective. Today I will write about components of a SBIR/STTR funding proposal.

1. Title - This is self-explanatory, but extremely important.
1.1 Project Summary - Write one page of summary to provide overview of your idea and the project.
1.2 Project Description
1.2.1 Identification and Importance of the Innovation - Identify and explain the significance of your innovation and how it improves existing environment or the current process. No more than 1.5 pages.
1.2.2 Background and Technical Objectives - Describe the background and define technical objectives of your innovation. Upto 3 pages
1.2.3 Research Plan - Details of hardware/software you plan to use for the research. Can be upto 2-3 pages.
1.2.4 Company Information - Describe in a page about your company, its past achievements etc.
1.2.5 Commercial Potential and Feasibility - Provide commercial potential and most important, feasibility of your idea within provided time frame of the project. About 1.5 pages.
1.2.6 Consultants required for the Project - List names and brief resumes of consultants required for the project. 1 or 2 pages.
1.2.7 Overlapping or Equivalent Proposals to other Federal Agencies, if any. - Many a times, two federal agencies may have solicitations which are similar in nature. You may propose to both agencies, but you must mention it on the proposal.
1.3 Cited References - Provide your sources of information, research here.
1.4 Biographical Sketch - List your technical staff, with brief resumes here.
1.5 Budget
1.5.1 Personnel Budget - Provide yearly salary for the required personnel, with their roles clearly defined.
1.5.2 Hardware/Tools Resources Budget - Provide hardware, software and miscellaneous supplies and material costs over here.
1.5.3 Consultant Budget - list Consultant salaries here.
1.5.4 Travel Budget - Amount reserved for travel purposes must be listed here.
Provide justifications for each budget and a work breakdown structure. Try to keep the budgets very close to the funding available for the Phase that you are proposing for. If your budget exceeds the funding available with agencies, provide details about how do you plan to bridge that gap.

Comments

Post a Comment

Popular posts from this blog

Financial Plan - Assumptions - 2

There is a slight change since yesterday. I will not fill the Assumption table in yesterday's post. Instead, I will discuss what each variable means. This way table is more meaningful, rather than mere numbers. Variables_Used_for_Assumption Units_Used Explanation_of_Variables Average Monthly Sales US $000s Here you can enter net sales value. Desired average finished inventory % of Sales Does not apply to Service / Distribution business. For Manufacturing business, this variable is % of sales. Cost of materials/goods As % Sales This value is set to zero for Service business and for Distribution it refers to the purchases/inventory for resale. Target materials/goods inventory US $000s This value is set to zero for Service business and for Distribution it refers to the purchases/inventory for resale. Average monthly direct costs US $000s It is set to zero for for Distribution business Average monthly overhead expenses US $000s Interest and Depreciation is not included Opening total co...
Read more

The Circle of Information

First there was light, then there was a Light Bulb controlled by a switch, then came Internet and the light bulb was still controlled by a switch, finally Pervasive internet will come and control the Light Bulb. This is the vision of Pervasive Internet. This next version of Internet is destined to control : * Industrial - Capital Equipment, Automation & Control Equipment * Power - Meters, Distributed Generators, Electricity Grid and Pipelines * Healthcare - Medical Devices * Home / Consumer - Game Systems, Consumer Electronics, Appliances * Buildings / Facilities - Access Controls, Office Equipment, HVAC / Environmental Systems * Retail - Lighting & Refrigeration Systems, Scanners & Registers * Transportation - Vehicles, Airplanes, & Intermodal Transport This congregation of Internet with the smart devices will create a serious shift in the advancement of the digital revolution - forming a comprehensive "digital neural net". Imagine a large office building in ...
Read more

Brainstorming - RFID Discussion

Radio Frequency ID tags or RFID Tags came into limelight when Walmart insisted their suppliers to have them by January 1st 2005. RFIDs have existed for few years and are used as security devices on Music CDs, Games CDs and DVDs and various other areas. There are however many unexplored areas where RFID solutions can be used. We are going to explore some of these areas for potential product and/or services that Businessworks Inc can provide. If we go with RFID based solutions, manufacturing RFIDs will not our goal as it can be prohibitively expensive. Our goal would consist of using RFIDs readily available and building custom solutions and sell it to Government and private organizations. This idea ranks very high in our potential list of technologies. Tomorrow I will discuss Nanotechnology.
Read more