header banner for the SBIR_STTR Newsletter - News from the SBTDC Technology Commercialization Program
March 2017 - In This Issue:

The Technology Commercialization Services team provides one-on-one business counseling and advice to: small business owners, university researchers, and entrepreneurs looking to advance their innovations to the marketplace.

Director, Technology Development and Commercialization

SBIR/STTR  Specialist
& Newsletter Editor

Technology Commercialization Counselor
Eastern NC

Technology Commercialization Counselor
North Central NC

ACCELERATE: A Blog for CEOs of Mid-Sized Firms
SBTDC's Strategy and Growth Services blog, Accelerate, helps CEOs of mid-sized companies make business and leadership improvements through helpful insight, resources, and tools.   Learn more »

The PTAC team provides no-fee and confidential counseling on selling your products and/or services to the appropriate local, state or federal government agency.   Learn more »

The SBTDC's International Business Development Specialists assists small and mid-sized businesses with export planning and exporting.   Learn more »

By: John Ujvari, SBIR Program Specialist, NC SBTDC
Young boy with arms stretched out and home made airplane wings on his back
Akin to raising a child, building a business around a commercializable technology is a long, stressful, although mostly exhilarating process. The day you start your business may be of your most memorable experiences. The horizon appears limitless and your dreams abound. Challenges, however, arise. The first money into the business, often SBIR and STTR Phase 1, acts to soothe the business and get it on track to direct the technology to the next milestone. Often the first submission of a Phase 1 proposal does not lead to funding. The sleepless nights continue, until after two or three resubmissions, the project is finally funded.

The results of the phase 1 research prove that your technology, once just a glimmer in your eye, has great potential. The next major hurdle becomes turning the technology into a commercializable product.

No-Cost Webinar: Intellectual property overview
April 26th | 1 PM  |  Registration Open

Speaker: Kevin Flynn, IP Attorney

Topics to be covered:
  • When does filing a provisional patent application make sense?
  • When is it too late to file a provisional patent application (or any at all)?
  • Does funding impact the timing?
  • What sort of substance is required in a provisional patent application?
  • Should I file two provisional patent applications for two related ideas or just file one?
  • Who has access to the provisional patent application?
SBTDC's Technology Commercialization Services
By John Ujvari, SBIR Program Specialist, NC SBTDC
The SBTDC's team of Technology Commercialization Counselors include Nicole Schwerbrock, Mike Carnes, Chris Veal and John Ujvari offer advisory services to help your IP-based business grow.  Below are some of the specific items we can guide you through.  Contact us »

Build a strong business foundation.
  • Develop a business plan
  • Design a marketing strategy
  • Evaluate intellectual property
  • Create financial projections
Accelerate your success.
  • Recognize needed skill sets and gaps
  • Assemble an effective team
  • Communicate your value proposition
  • Identify prototype production resources
Discover financing opportunities.
  • Identify funding and financing options that match your situation and goals
  • Understand investor requirements
  • Assess your readiness for investment
  • Get ready to make your pitch
Produce competitive funding proposals.
  • Understand the differences between SBIR and STTR
  • Stay on top of program changes and updates
  • Develop a funding strategy that incorporates grants and contracts
  • Receive comprehensive proposal reviews at no charge
SBIR/STTR National Conference
SBTDC Technology Commercialization team members will be attending the SBIR/STTR National Conference to be held near Washington, DC in May.  The conference offers several days of educational and networking opportunities across all 11 participating federal agencies.  More information and registration is available here »

Planning for Summer Solicitation Deadlines
Several key agencies have deadlines coming up this summer.  Now is the time to start preparing.  If you are targeting any of these deadlines, please contact us to schedule a planning session to discuss the multitude of pre-proposal writing homework that should be carried out in advance of writing the proposal.

Technology Commercialization Program

5 West Hargett St., Suite 600 Raleigh, NC 27601