Program FAQ

What is SBIR Impact NYC?

SBIR Impact is an enhanced SBIR/STTR application assistance program to help New York City-based bio and health tech companies compete for federal R&D funding through the government’s SBIR and STTR programs. It is part of an initiative by the NYCEDC to cultivate an ecosystem for entrepreneurship and venture creation in the life sciences and healthcare technology. The program is structured in two parts:

  • Introductory as well as intensive SBIR/STTR training sessions that are open to the public. Check our schedule for dates, times and registration fees.
  • Topical webinars and one-on-one consulting with a group of 20 select companies that are actively pursuing proposal submission.

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How do you define bio and health tech?

We use those terms broadly to identify all areas of life sciences and healthcare technology, including therapeutics, diagnostics, medical devices, bioinformatics, research tools, healthcare IT, etc.

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Who can attend the Intensive Training sessions?

Three “Intensive SBIR/STTR Proposal Prep for NIH” workshops are open to the public. For those applying to the SBIR Impact program, Intensive training is MANDATORY for as many key members of your team as possible and attendance is highly encouraged for your PI.  Workshop fees will be deducted from the $500 program fee for selected companies. The upcoming Cycle 2 training is at the Weill Greenberg Center. (see schedule). The application deadline for Cycle 2 of the 2017-2018 year is midnight October 2, 2017.  Applications from companies that have not attended training will not be considered.

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Who can apply to be one of the 20 select companies?

The program is open to NYC-based companies conducting R&D in the life sciences or healthcare technology space and meet SBIR/STTR requirements. Twenty companies will be chosen for the program based upon an application and review process.  To be eligible, the majority of a company’s operations must be in one of NYC’s five boroughs.

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How can I submit an application?

Complete and submit the online application. The application deadlines are listed on the Program Description page.  Apply early as cycles fill up quickly.  Applications received after the deadline will not be considered.

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What are the criteria for selecting companies for the one-on-one consulting

Companies must:

  • Intend to submit an SBIR/STTR application within nine months of being admitted to the program
  • Have attended the mandatory “Intensive SBIR/STTR Proposal Prep for NIH” workshop prior to the application deadline.
  • Have identified a relevant SBIR/STTR solicitation and/or agency
  • Participate in an assessment call
  • Meet SBIR program eligibility requirements
  • Have secured a qualified Principal Investigator
  • Have identified suitable R&D space
  • Be working on an appropriate project with scientific and commercial viability
  • Meet NYC geographic (the majority of a company’s operations must be in one of NYC’s five boroughs (Manhattan,  Brooklyn, Queens, the Bronx, Staten Islandand technology sector requirements
  • Commit to meet the one-on-one consulting proposal development timelines

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What is the decision process for acceptance as a select company?

Upon submission of an application, assessment calls will be set up to ensure that companies meet eligibility requirements. Following the calls, decisions will be made by the Program team.   Companies can apply during any of three cycles during the year. When the full program complement of 20 companies is met, a wait list will be established.

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Will there still be space available by cycle three?

There has been significant demand from the community for each of the SBIR Impact training cycles.  While companies are selected to participate on a competitive basis, we are limited to serving 20 companies per year. As such, Cycle 2 and 3 applicants are accepted on a space available basis.  We encourage you to submit your SBIR Impact application as soon as possible.

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Will there be a wait list?

Yes, a limited of the number of companies will be kept on a list should additional capacity become available, e.g. should a company drop out before completion.

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Can university faculty and staff attend training?

Our “ABC’s of SBIR/STTR Funding” and “Intensive SBIR/STTR Proposal Prep for NIH” classes are open to the public, including faculty and staff affiliated with NYC’s academic medical centers.

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Will you be helping companies write proposals?

Select companies will receive a combination of topical webinars, plus templates, workbooks, one-on-one coaching, editorial assistance and review.  However our team will not be composing  your actual proposal.

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What are the program costs?

The tw0-hour “ABC’s of SBIR/STTR Funding” are complimentary, but registration is required.  The cost of the 1.5-day Intensive Proposal Prep workshop is $75.  The program fee is $500 for companies selected for the program.  Any registration fees for the mandatory Intensive training will be deducted from the program fee for accepted companies.  Note: Registration fees are non-refundable.

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Which agency SBIR/STTR programs will you address?

SBIR Impact NYC is designed to serve life sciences and healthcare technology companies.  As such, we anticipate that most participants will be applying to NIH. Training will cover all major agencies however. Proposals that are appropriate for agencies other than NIH, will receive the same support as those intended for NIH submission.

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What happens if I decide to delay submitting my SBIR proposal?

Depending on the length of delay, you may have to reapply to the program.

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What happens if my proposal isn’t ready for review until just before the deadline?

The program is intended to coach you through the process over a number of months, and may not be able to accommodate companies that are unable to meet our program timeline.  We encourage you to leave ample time prior to your intended solicitation deadline.

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Do selected companies have any reporting requirements or reporting obligations?

Companies must commit to keeping the program informed of any SBIR submissions and outcomes for a period of two years after being accepted.

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What other entrepreneurship resources and opportunities are available from the City?

SBIR Impact is part of a portfolio of initiatives launched by NYCEDC for the life sciences and healthcare technology sectors in the City of New York. These initiatives have been designed to support companies and entrepreneurs across the value chain, addressing unmet needs identified by senior stakeholders in the community (e.g., funding, space, and training).  For more information on these other initiatives, please visit NYCEDC.com

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