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September 2006 
Vol 6, Issue 9 
 
 
 
 
 
 
 
 
  Seeking investors?
 
  At-risk, non-compliant SBIR Recipients
 

John Ujvari
SBTDC Statewide Program Specialis
t

 

Cherry Bekaert &    Holland
Council for    Entrepreneurial    Development (CED)
Daniels, Daniels &    Verdonik
FOCUS Resources
Moore and Van Allen

NC Biotech Center
NC IDEA
NC Medical Device    Organization
Wyrick Robbins    Yates & Ponton

 


Upcoming SBIR Events

SBIR Community Networking &
Meet the Expert Series
September 20, 8:00 - 10:30 AM
Research Triangle Park
RSVP to John Ujvari

SBIR General Workshop
October 12, 2:00 - 4:00 PM
Wilmington
Register online at: http://www.sbtdc.org/events
/sbir/workshops2006/

DoD focused SBIR Workshop
October 16, Raleigh
Register online at: http://www.sbtdc.org/events/sbir/workshops2006/

NIH focused SBIR Workshop
October 24, 8:00 - 11:00
Charlotte
Register online at: http://www.sbtdc.org/events/sbir/workshops2006/

National SBIR Conference
November 6-9, Milwaukee, WI
Info available at: http://www.sbirworld.com

Proposals for access to ORNL supercomputers
due Sept. 15

DOE's Office of Science has released the 2007 Innovative and Novel Computational Impact on Theory and Experiment (INCITE) call for proposals (CFP). The Office of Science is seeking to support innovative, large-scale computational science projects. Successful proposals will be given the use of substantial computer time and data storage on some of the most powerful supercomputers in the world that reside in the department's scientific computing centers, including the new leadership-class Cray supercomputers housed at ORNL (Oak Ridge National Laboratory) in the National Center for Computational Sciences. Each year, the INCITE program seeks computationally intensive, large-scale research projects from DOE laboratories, universities, other research institutions and industry. The Office of Science expects to make a small number of large awards.

Eighty percent of the Jaguar and Phoenix supercomputer systems at ORNL will be allocated via the INCITE process, which closes Sept. 15. No other call for proposals for use of ORNL high-performance-computing resources will be issued for 2007. The announcement can be found here and the CFP itself may be accessed by clicking here.

If you would like help with the application process, representatives of the NCCS can be contacted at help@nccs.gov for assistance.

NC IDEA Grant Program - Deadline Sept 15th

NC IDEA is accepting online applications through its website. Selected projects will be given small grants to fund "proof-of-concept" business activities that validate potential markets, reduce business risks, and advance projects to the point at which they are suitable for private equity investment.

Instructions on how to submit an application for the Fall 2006 solicitation can be found at http://www.ncidea.org/instructions.htm.

NIH Contract Solicitations Open: Deadline Nov. 6

PHS/NIH/CDC Opens 2007-1 SBIR Contracts Solicitation (8/8/06) - The NIH has issued the Public Health Services' (PHS) 2007-1 SBIR Contracts Solicitation which opened August 8, 2006 and closes on November 6, 2006. The PHS/NIH/CDC "contracts" solicitation is a separate and independent offering from NIH and is not connected to their currently open 2006-2 Omnibus SBIR/STTR Grants solicitation.

There are important differences between the NIH Grants and NIH Contracts solicitations. The topics are different and are much more focused and specific in the Contracts solicitation, and is for SBIR only. The NIH Grants solicitation is for both SBIR and STTR, the topics are broad based and small businesses are invited to submit a proposal in any area within the mission of the awarding components. However, in the NIH Contracts solicitation, proposals are only accepted if they respond specifically to a research topic.

Read more...

Seeking investors? Are you ready?

Raising equity capital is challenging at best. Becoming an Investor-Ready Entrepreneur™ is designed to educate and prepare growth-oriented entrepreneurs to successfully engage private equity investors. This program provides an "insider's look" into the world of equity funding - by understanding what investors look for, entrepreneurs can reduce barriers to funding, navigate the process more easily, and increase the chances of obtaining funding for their business.

This all-day workshop in being held at the Catawba Chamber of Commerce in Hickory, NC on Tuesday, September 26. Come learn from experienced growth company entrepreneurs, investors and fund executives, including luncheon keynote Jerry Neal of RF Micro Devices, and author of the book "Fire in the Belly". Visit http://www.sbtdc.org/investorready to view the agenda and register.

At-risk, non-compliant SBIR recipients

By Lea Strickland
Courtesy: TechJournal South

It is unfortunate that the stories on small businesses who fail to comply with government requirements for receiving and using grant funds don't make the papers. Even though small businesses fail audits everyday, they just don't make the headlines.

The scale of these business failures and closures isn't normally such that anyone not directly involved pays attention. If a small business with fewer than 20 employees closes, for whatever reason, it isn't big news in the local or national media. It should be.

Small businesses are the backbone of innovation and the economy. When they are successful in technology innovation, but fail "business" (that includes financial management and commercialization), everyone suffers.

Compliance isn't optional and it isn't difficult if you get setup properly and understand the requirements. It can be complex to understand, however, if you aren't familiar with accounting, financial systems, and management control principles.

Read more...


Copyright © 2006 The University of North Carolina's Small Business and Technology Development Center.
All rights reserved.
The SBTDC is partially funded by the US Small Business Administration.
SBA's funding is not an endorsement of any products, opinions, or services.
SBA-funded programs are extended to the public on a non-discriminatory basis.


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