Securing Seed Funding: Support for Biotech Entrepreneurs and Researchers
On July 6, 2017, the New York Academy of Sciences’ Science Alliance teamed up with NIH’s National Center for Advancing Translational Sciences (NCATS) to offer a webinar exploring Federal funding through the NCATS SBIR/STTR program and resources opportunities for researchers and entrepreneurs who are working to advance translational research and technologies that will improve disease prevention, detection, and treatment.
Are you a researcher or entrepreneur working on translational research and technologies in the realm of disease? This webinar offers detailed information regarding federal funding and resources opportunities for those in your field.
These federal programs are broken out into two streams—Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) funding—and there are several benefits to securing these types of awards. For instance, the capital is nondilutive, predictable, and stable—and it never needs to be paid back. In addition, small businesses retain intellectual property rights, while bringing NIH’s rigorous peer-review provides recognition, validation, and visibility to early-stage companies.
Currently, there are a number of SBIR and STTR funding opportunities for small businesses and technology transfer organizations available, including through the recently opened 2017 Omnibus Solicitation. The first round for funding applications closes September 5.
View the webinar to find out more about:
- Examples and case studies of founders of bio- and healthcare technology early-stage businesses.
- Tips and tools for applying for funding.
- Additional resources available for researchers, entrepreneurs, students, and others seeking seed funding for a small business.