Attention biotech and healthcare companies in search of early stage risk capital to support their research and product development. The Department of Health and Human Services (HHS) recently released the 2015 Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Omnibus Grant Solicitation. The SBIR and STTR programs are among the best sources of risk capital to develop a promising new technology and can serve as a pathway to equity financing. In two competitive Phases, over a period of 3-4 years, companies can receive up to $1,725,000 and sometimes more in federal grant funding for R&D.
This solicitation will be used by the National Institutes of Health (NIH), Centers for Disease Control and Prevention (CDC), Food and Drug Administration (FDA) and the Administration for Children and Families (ACF). STTR is only available at NIH. The 2015 Program Descriptions and Research Topics document explains priority research areas for the individual agency institutes and centers. Appendix A includes a list of SBA approved topics for budgets that exceed the standard $150,000-$225,000 Phase I cap.
The Omnibus Solicitation welcomes researcher-initiated topics to be submitted for funding consideration as long as they fall within the mission of HHS/NIH. With any specific project idea, you should speak directly with the appropriate Program Manager to gauge their interest before deciding to invest 100 or more hours preparing a competitive proposal. Each Institute’s/Center’s section of the solicitation contains the contact information for the manager responsible for each of their program areas. The Omnibus Solicitation can be downloaded at: https://sbir.nih.gov/sites/default/files/2015-2_SBIR-STTR-topics.pdf. The SF424 (R&R) SBIR/STTR proposal instructions can be downloaded at: http://grants.nih.gov/grants/funding/424/SF424_RR_Guide_SBIR_STTR_VerC.pdf.
In past years the HHS/NIH Omnibus Solicitation has been released in January. Beginning with this year it will now be released in June. HHS is switching to a new solicitation year and moving two of its three proposal submission dates. Proposals for this solicitation are due on 9/5, 1/5 and 4/5. In addition, Aids related proposals are now due on the same dates as non-aids proposals. September 5 is the first submission date for this solicitation.