An Analysis Of Sbir Funding Across The Nation

Chanon Amphan

School Name

South Carolina Governor's School for Science and Mathematics

Grade Level

12th Grade

Presentation Topic

Consumer Science

Presentation Type

Mentored

Mentor

Mentor: Chad Hardaway, Office of Technology Commercialization, University of South Carolina

Written Paper Award

2nd Place

Abstract

Small Business Innovation Research (SBIR) funds are highly sought after methods of gaining capital aimed at stimulating technological innovation. These government funds are targeted for small business technology research and development products with strong market potential. The program can easily offer over a million dollars of funding per project for award recipients and spans across eleven participant government agencies. Naturally such a resource is highly competitive. Consequently, many state institutions and universities seek to provide resources for the small tech businesses and startups of their state to take full advantage of the SBIR program by helping them through the proposal process. This research is an analysis of the methods and results of various institution’s different methods to secure more proposals, including assistance in proposal writing, initial capital, fund matching incentives, and others. Mathematical analysis to determine any correlation to venture capital funding is also included. When adjusting for population differences, venture capital funding did not seem to be correlated with SBIR funding.

Start Date

4-11-2015 8:30 AM

End Date

4-11-2015 8:45 AM

COinS
 
Apr 11th, 8:30 AM Apr 11th, 8:45 AM

An Analysis Of Sbir Funding Across The Nation

Small Business Innovation Research (SBIR) funds are highly sought after methods of gaining capital aimed at stimulating technological innovation. These government funds are targeted for small business technology research and development products with strong market potential. The program can easily offer over a million dollars of funding per project for award recipients and spans across eleven participant government agencies. Naturally such a resource is highly competitive. Consequently, many state institutions and universities seek to provide resources for the small tech businesses and startups of their state to take full advantage of the SBIR program by helping them through the proposal process. This research is an analysis of the methods and results of various institution’s different methods to secure more proposals, including assistance in proposal writing, initial capital, fund matching incentives, and others. Mathematical analysis to determine any correlation to venture capital funding is also included. When adjusting for population differences, venture capital funding did not seem to be correlated with SBIR funding.