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428_ Maturing of the SBIR Program Means Big Changes: $2.2 Billion at Stake
The good news is that successful commercialization from those receiving SBIR funds (non dilutive to the receiver and are grants that don't need to be paid back) are working. The challenge is the rules have changed over the past 25 years and for the better, at least for those who adopt to the way 'the game' is now played. Russ Farmer, Executive Director of SBIR Colorado and President and Founder of PBC, Inc. explains these new innovative strategies and shares some of the local SBIR funded success stories. They include Coherent Technologies, Myogen, and Powercycle. Russ shares the some innovative ideas that are revolutionizing the entire SBIR and commercialization process. It's Powerful, Proven and People Oriented. After all, who doesn't want a piece of the $2.2 Billion available to small companies and inventors for their great ideas? 1/21/08 LISTEN
Related Links: PBC, Inc. || Looking for Money || Source of Info || Podcast Directory ||| Keywords: Russ Farmer, PBC, SBIR, STTR, Financial Cluster, Small Business Innovative Research, Grants > Bytes: 22348594 LISTEN
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Small Businesses are BIG when it comes to New Jobs
Keynote speaker at the SBIR regional conference in Denver, Terry Bibbens, Managing Director of Homeland Venture Partners, laid out the facts facing ‘small businesses’ this coming year. Small businesses created over 92% of the net new jobs in the US based on data collected starting in 1989. Businesses with fewer than 20 employees created 85% of all new net jobs during the 14 –year period. The developments of small businesses along with SBIR grant funding have a tremendous impact on ‘Economic Development’ in Colorado. Then enters the federal congressional leaders: Most don’t even have a clue about SBIR grants for small businesses and as a result could likely be dropping the SBIR program. We need to let them know so they do the right thing. Related Links: Small Business Technology Counsel || SBA Research || National Science Foundation || PBC, Inc. || SBIR Colorado ||Keywords: Terry Bibbens, SBA, SBIR, Economic Development, Homeland Venture Partners - Channels: Looking for Money || Venture Capital Best way to Secure a Federal Grant! Looking for Money Video Clip >> Bytes: 8257518 LISTEN 5/14/07
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300_ The Roadmap to $2.2 Billion in Federal Grants
What is your proposal strategy? If you are after some of the $2.2 Billion available this coming year from the SBIR federal grant program there are some challenges. and Jim Greenwood, an expert on proposal writing, discusses with Cody Farmer the 'how to's'. Here's a start: Make sure you’re going to the right agency; know how much money you need; have a good value proposition that you’re going to put forward to the potential funder; and have all of that thought out in advance. Related Links: PBC, Inc. ||SBIR Colorado || Innovation Dev. Institute (ini) || Looking for Money ||About SBIR Grants || Keywords: Jim Greenwood, Cody Farmer, SBIR, STTR, Proposal Writing, Channels: Looking for Money || Venture Capital >> Bytes: 4901514 LISTEN 4/23/07
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296_ Economic Driver – Bigger than Wal-Mart - Get the Facts and a Piece of the Action
There are a number of “urban myths” about the $2.2 Billion federal SBIR grant and contract programs. The fact is these grants and contracts are for innovative research that goes primarily to small companies and is non-dilutive to owners and investors are a BIG economic driver to the states that are home to the recipients. There are over 4000 Phase 1 awards given out each year and primarily to first-time recipients (over 20%). There have been 60,000+ patents issued to SBIR funded companies. Nationwide, SBIR companies employ more people than Wal-Mart and the SBIR company employees are compensated significantly higher than W-M employees. Ann Eskesen a nationally known expert on all the numbers in SBIR programs and Cody Farmer of SBIR Colorado lay out the facts in black & white. The economic impact continues. Related Links: PBC, Inc. ||SBIR Colorado || Innovation Dev. Institute (ini) || Looking for Money || Keywords:Ann Eskesen, Cody Farmer, SBIR, STTR, Innovative Research, economic impact > Channels: Looking for Money || Venture Capital > Bytes: 6026243 >> LISTEN 4/16/07
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280_ Mid Sized Companies Winning with Startups
Good ideas that could become great income producers are most often high risk. Researchers and scientists that have innovative projects on the bench that are funded by non-dilutive SBIR federal grants can have a challenging time commercializing their new invention. Companies in the $50 to $300 million range often don't have a budget for the high-risk research. This is a great win/win opportunity for all explains
Russ Farmer, Executive Director of SBIR Colorado. Get the details here.
Related Links: SBIR Conference ||
Looking for Money ||
PBC Home ||
Event Photos 2006 || Keywords: SBIR, STTR, Russ Farmer, PBC Inc, Innovation,
Federal Grants, Large Companies, High-Risk Research > Bytes 3059777
LISTEN 3/19/07
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274 Big Companies Offer Little Companies an Exit Strategy
Listen, take action and cash in on an opportunity that has been around for decades. Russ Farmer, Executive Director of SBIR Colorado has helped many new startup innovative companies get grant funding from the federal government. More and more large companies are looking for ways to reduce their internal high-risk research in favor of buying companies that have technology that is ready to go. It really makes sense and is a win/win for Big & Small companies. Related Links: SBIR Conference || Looking for Money || PBC, Inc. || PodCast Directory || Keywords: SBIR, STTR, Russ Farmer, PBC Inc, Innovation, Federal Grants, Large Companies, High-Risk Research > Bytes 594770 LISTEN 3/12/07
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270 The Investor's Proposition with the SBIR Program
Investing in an idea that is not evolved or on the market is investment suicide based on normal investment protocol. In 2007, the federal government is offering $2.2 Billion in grants (a non-dilutive advantage) for new innovative research ideas from small high-tech businesses. Potential investors can observe and work with these companies to see the management team in action and check out the viability of the new invention, points out Russ Farmer, Executive Director of SBIR Colorado. Related Links: SBIR Conference || Looking for Money || PBC, Inc. || Find It || Channel: Looking 4 Money || Keywords: SBIR, STTR, Russ Farmer, PBC Inc, Innovation, Federal Grants, Venture Capitalist, Angel Investor> Bytes 594770 || LISTEN 3/5/07
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266 The Billion Dollar Question: Are You Looking for Money?
In 2007, the federal government is offering grants for new innovative research ideas from small (even new) high-tech businesses. There are 11 agencies involved in the SBIR (Small Business Innovative Research) grant program offering funding in a variety of areas including bioscience, defense, education, energy and many other areas that fit in with Colorado innovative entrepreneurs. Some of these SRIR grant recipients bring their creations to market by working with big companies. Russ Farmer points out SBIR grants do not dilute your ownership. Related Links: SBIR Colorado || Looking for Money || PBC, Inc. || Find It || Channel: Looking 4 Money || Keywords: SBIR, STTR, Russ Farmer, PBC Inc, Innovation, Federal Grants, Small Business Innovative Research> Bytes 3190599 || LISTEN 2/26/07
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168_ Heavy Lifting Help Needed for $2.2 Billion in Cash
It's amazing what kind of rumors a $2.2 Billion give-a-way can generate. Russ Farmer, Executive Director of SBIR Colorado outlines the three big reasons why small and newer companies pursuing some of the federal grant money are not successful. Yet 30% of that $2.2 Billion was given to new applicants with less than 10 employees. The three things that make a difference: truly doing your homework; since each department is different writing to their specific standards is a must - simply following the instructions. > LISTEN 8/21/06
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Funding Innovative Technology Ideas for Commercialization - Jere Glover, Small Business Technolgy Council and Mark Henry, PBC, Inc., keynote speakers at the Colorado SBIR Conferance, discuss the successes of the $85 million in SBIR funding brought to Colorado, some of the exciting new commercialization programs as well as the challenges with the research and development funds SBIR will be facing in the next two years. 3/20/06. LISTEN Related Links: SBIR Colorado || Looking for Money || SBTC Home page || PBC Home page
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Humbling Experience Leads to Success and Challenges
As keynote speaker at the Colorado SBIR Conferance
,
Brian Vogt, Director of the Office of Econmic Development and International Trade shared
his experiences that lead him to his position. However Brian focused on the future, from the serious
threat of complacency to the competition of outside forces to the exciting potential of the Colorado
center for emerging technologies.3/13/06.
LISTEN -
Related Links:
SBIR Colorado ||
OEDIT Channel ||
Advance Colorado |
NIH, Funding Research & Development to Promote Human Health Flattening of the budget could get in the way of proposed research for health initiatives.Kathleen Shino, acting NIH SBIR/STTR Program Coordinator for National Institutes of Health talked about some of the exciting programs and research that has funded some extremely important advances in our nation's health care. NIH is a civilian agency, not an enforcement agency, with money to invest. 3/13/06. LISTEN - Related Links: SBIR Colorado || Looking for Money Channel || PBC || NIH Grants
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Secure Cargo Initiative, Cyber Security, Biological Threats are Hot SBIR grants funding steps up to the plate for first responders. Maurice Swinton, Program Manager, for the Advanced Technology Office for the US Department of Homeland Securityspoke at the SBIR Colorado Conference in a continued effort to reach out to small businesses to help address the challenges of our nation. Russ Farmer, Executive Director of SBIR Colorado helps spread the word. LISTEN 3/13/2006 - Related Links: Department of Homeland Security || SBIR Colorado
Looking for Money Channel || PBC Home page |
There is $2.2 Billion Available for Startups - 2/13/2006
Small innovative companies, large companies, SBIR Colorado and the offices of economic development makeup the “quadruple win” claims Russ Farmer, Executive Director of SBIR Colorado and nationally known speaker on access to capital for entrepreneurs. Russ shares secrets that are extremely exciting and helpful to innovative researchers and entrepreneurs. LISTEN |
Related Links: SBIR Colorado - 2005 Photos - PBC, Inc - Biosciences Channel |
Millions More Coming to Colorado via SBIR
Over $85 million dollars came to Colorado from the SRIB/STTR federal program in 2005. Russ Farmer, Executive Director of SBIR Colorado points out that SBIR grants and contracts are for very leading-edge and high-risk innovative research projects. Russ shares some of examples how very small companies can tap into relationships with BIG companies, face-to-face. LISTEN - 1/9/2006 |
Here are some related links to check out: SBIR Colorado Home Page
Looking for Money Channel - PBC Home Page - ADA Tech (SBIR Winner) -
SBIR Award Photos and Press Conference at w3w3.com - SBIR 2005 Interviews
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2005 SBIR Convention - Denver, Colorado
Chuck
Wessner Says the Money is There 2/21/2005
-
LISTEN
Russ Farmer, executive
director of SBIR Colorado is joined by Charles
(Chuck) Wessner, a director at National Academy of
Sciences, Brian Vogt, director of OEDIT (wearing 3 hats) and Larry
Nelson. Chuck talks about what is needed for the CO tech cluster
to work financially and Brian talks about strengths & needs.
READ
- DENVER POST 2/16 Bus
Celestica,
a Billion Dollar Company is a US Secret 2/28/2005
Larry
Astor, director of U.S. Business Operations for Celestica
Aerospace Technologies points out Celestica is a national unknown
resource. Larry is based in Colorado and was a recent presenter
at the SBIR Colorado Conference. Celestica likes to partner with
small start-up SBIR funded companies..>> LISTEN
Boeing,
Ball, Raytheon, Celestica, SBIR Grants & Awards
The 4th Annual SBIR Conference includes the first
SBIR
Colorado Awards Banquet honoring those companies that
tapped into the federal government's multi-billion dollar grant
program and successfully commercialized their dreams. That's why
it's called “The Innovative Edge”…
Russ
Farmer will
tell you how. 1/24/2005
Britain
Although a Smaller Economy, UK Thinks Globally
Andrew
Miller, the assistant director of Small Business Services,
with the Growth & Innovation Unit suggests that the UK has
some big ideas as well as some big challenges helping small businesses
(in UK = 249 people or less) grow. He is open to ideas. The UK
version of SBIR is SBRI, with a unique twist. 2/28/2005
>>
LISTEN
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$2
Billion for "innovation" & "research" for small
businesses, academic researchers and entrepreneurs. March
25, 2004
*TiE-Rockies recommended!
Federal
Small Business Innovative Research (SBIR) Grants have been around for
years. But many forward-thinking entrepreneurs who could use some significant
cash for their innovative ideas didn't have a clue about this free, non-diluting
cash. The program might as well have been in a stealth mode.
This program brought $74,000,000+ into
Colorado last year. You'll meet some of the recipients.
Russ
Farmer, executive director of SBIR Colorado (Colorado Non Profit Corporation)
has assembled nationally renowned experts in SBIR Grants including; Connie
Jacobs, SBIR Program Manager for the DOD (DARPA), Kay Etzler, SBIR Program
Manager for National Institutes of Health (NIH), Mark Henry, SBIR/STTR
Proposal Expert for PBC Inc. Marc Holtzman, president of the University
of Denver is the morning keynote and Leroy Williams, Secretary of Technology
in Governor Bill Owens cabinet is the luncheon keynote.
This
stimulating and information-packed program includes fabulous take-a-way
material, lunch & refreshments and networking with the pros. Early-bird
pricing for your members is ($89) and ends March 10, 2004. After that
(if space is available) your members still get a special rate of $99 as
the regular price is $129 to $150.
And of course w3w3®
Media Network will be there for the SBIR Conference on March 25, 2004...Details
here or call 303.427.1312 ext. 200.
SBIR
+ Russ + $2 Billion - March
25, 2004
Russ Farmer, Executive Director of SBIR Colorado clarifies
(and opens the door to) the $2 Billion federal grant program
aimed at innovative small companies as well as researchers,
inventors, scientists and academics. There's a conference
being held in Denver, with national experts and some well-known
heavy hitters. Sounds like FREE money
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CIK Round Table January
14, 2004 - Morning
The Small Business Innovation Research (SBIR) program and its
sister the Small Business Technology Transfer (STTR)
program provide over $2 billion each year to small businesses to do
leading edge research. These grants to for-profit small businesses
provide significant early stage funding and do not dilute
ownership nor do they need to be paid back. Learn how these
programs work and how to use these programs from individuals who have
been there and done that.
Panelists Clifton
H. Brown, Jr., P.E., President of ADA Technologies, Inc. and
Kenneth C. Weil, founder and President of Rose Biomedical
Research and Rose Biomedical Development Corporation (RBDC) tell
how they have used the SBIR and STTR to build their companies. Russ
Farmer, President, CEO and founder of PBC will moderate the
panel. Register
for this event!
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FREE MONEY
Is getting "FREE" money from the federal government myth or reality?
Russ Farmer, president of PBC and national expert on
SBIR/STTR federally mandated initiatives that give grants for
innovation, research and general business needs to small & new
organizations…he explains. You don't have to pay it back and doesn't
dilute ownership. |
"A Penny for Your Thoughts" is taking
on a whole new meaning. Chad Brownstein, managing partner of
ITU Ventures says his organization is investing millions of dollars
funding innovation. ITU focuses on high-tech intellectual property,
taps into SBIR funding and works with tech-transfer offices in universities
& research organizations. |
Meet
Russ Farmer
- (PBC, Inc.) he's the kind of expert everyone wants to meet, because
he knows how to get early stage money for small businesses. Very early
stage, grant money that doesn't dilute shares or take ownership in
part of your business. It's a process - Learn the ropes... LISTEN
You'll
want to attend his "Million Dollar Conference" for future
schedule and event information
visit PBC, Inc.
"BioBusiness
Seminar Series: "SBIR Grants at CU" December
4, 2003 |
Some of the VC Funding figures for Colorado may surprise
you. Jim
Conboy, partner at Wolf Ventures points out the major focus
change in "What's Hot?" VCS have gone from "Hot Trends"
to "Hot Companies"
but there is still a seed capital
shortfall. Jim says we need to feed the "pure seed" pipeline
and we need support of Angels, SBIR Grants, and Tech Transfer to overcome
the shortfall. |
"It's
turning around," says Chris Christoffersen
partner at Morgenthaler
Ventures. Chris reports that 14 BioTech companies are positioned
for an IPO (that's after quite a drought) and that two of them that
are viewed to be the best are from Colorado. It's notable that Tech
Transfer as well as SBIR and NIH grants play an important role.
Bio Cluster here we come. |
Life
sciences in the trenches along with a 30,000-foot view of Colorado's
"bio cluster" are part of Paul Ray's past. An infusion of
money, government support, continued upgrading of education's participation
and a strong Tech Transfer program are the keys to growth and economic
success in the life sciences sector. So
Paul
Ray, what are you going to do now? |
Some of the VC Funding figures for Colorado may surprise
you. Jim
Conboy, partner at Wolf Ventures points out the major focus
change in "What's Hot?" VCs have gone from "Hot Trends"
to "Hot Companies"
but there is still a seed capital
shortfall. Jim says we need to feed the "pure seed" pipeline
and we need support of Angels, SBIR Grants, and Tech Transfer to overcome
the shortfall. |
Millions
of dollars are pumped into the Colorado economy as a result of CU's
Technology Transfer program.
David Allen, Associate Vice President of the program
says that the CU Tech Transfer Office hasn't arrived yet but is on
track to be recognized as the best among public universities by 2010.
Listen to this in-depth interview and get a complete Annual
Report here. |
SBIR
= Money & STTR = Money.
Leading experts including program managers from the DOD and NIH, as
well as local business practitioners in key areas of government and
private-sector marketing, intellectual property management and patents,
and angel/venture funding will join Russ
Farmer of PBC, Inc in an information packed day at the Bootcamp
II Conference. Register today and save! |
Catharine Merigold - Bullish
on Colorado Companies. $60 Million giveaway. Vista Ventures has that much new money to invest in Colorado companies
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