(Registration for ASHG not required)
A workshop to inform researchers in developing or working with a small business. The NHGRI and other NIH institutes provide grants for Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR). NHGRI's interests include genomic analysis - from nucleic acids to cells; discovery and diagnostics 'omics' tools; genomics algorithms, analysis and informatics; and really any great genomics business science. Other NIH institutes cover a wide range of topics relevant to their missions.
Two SBIR grantees will describe how to develop a business plan (and what to do when it doesn't pan out), finding financing (and surviving the dry spells), and developing products that customers need (instead of your favorite tools). They will also highlight the intrinsic value of the small business application process for both business and science aspects at the company, as well as strategies for obtaining SBIR grants. NHGRI and NIH staff will summarize the SBIR/STTR research scope plus the application, review and award processes.
SBIR/STTR programs support Phase I proof of principle and Phase II pre-commercialization biomedical research, accommodating performance exclusively in the small- business entity or with non-profit involvement. The session will enable attendees to query the speakers and NIH grants staff, and assist bio-entrepreneurs in learning how to build and grow their small businesses.
Fundamentals of SBIR and STTR programs at the NIH
Dr. Michael W. Smith, Program Director, NHGRI/NIH and Dr. Matt Portnoy, SBIR/STTR Program Coordinator, NIH, co-presenting (20 minutes)
Lucigen's Biotechnology Business; Better Products and Technologies via the SBIR Program
Dr. David Mead, CEO and Founder, Lucigen Corp. presenting (20 minutes)
Serial Entrepreneurship: HTG Molecular to BioSpyder Technologies and Beyond
Dr. Bruce Seligmann, CSO, BioSpyder Technologies, presenting (20 minutes)
All of the presenters listed above will participate in a panel discussion. (30 minutes)
Current and potential small business owners and researchers will hear of real world biotechnology business experience from two leaders in the field. They will also gain a better understanding of the SBIR and STTR processes, and of opportunities for obtaining support from NHGRI and other institutes of the NIH. The workshop is also of interest to graduate students, post-docs and non-profit investigators contemplating going into business or working with a small business.
Last Updated: November 23, 2015