Earlier this month I attended an excellent workshop on SBIR/STTR grants that was hosted by the Illinois Biotechnology Industry Association (iBio) PROPEL program, and was led by Lisa Kurek from Biotechnology Business Consultants. I decided to attend because I’ve touched just about every research and training grant mechanism from the NIH, but haven’t done much in the SBIR/STTR realm. The workshop was intense, to say the least.
I came into the workshop with a combined perspective of bench science and pharma advertising/marketing, which helped me switch gears. We’re no longer asking for funding for research to improve health and medicine, we’re asking for funding to translate and commercialize research discoveries (ultimately to improve health and medicine). I learned a great deal in two days, from the very broadest concepts of the differences between SBIRs and STTRs, what happens in phase I/II proposals, and what goes in a commercialization plan, to the details of grantsmanship, organization of the proposal, and what’s required in the various sections. There is some overlap with research grants, but the mindset and purpose behind these two funding mechanisms are very, very different.
I don’t know if I will ever work on one of these grants, but just going to the workshop helped expand my perspective of federally funded research – it goes beyond research and training for university- and med school-based scientists. These grants essentially fill in the funding gap for researchers who have a potential product as a result of their independent research but have not yet reached the point where private investors will step in. Funding the embryonic stages of a biotech company. These awards support essential STE innovation in the US, something I can really get behind as a communicator (which is important if you want to be convincing in a grant proposal!).
I hope I will have an opportunity to contribute to the efforts of these scientist-entrepreneurs – helping them put together SBIR/STTR grant proposals that communicate their passion and plans.