Comments on: Nurturing High-Tech Startups http://www.ctinnovations.com/blog/?p=502 Thu, 26 Aug 2010 16:53:58 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Joanne Kelleher http://www.ctinnovations.com/blog/?p=502#comment-20691 Joanne Kelleher Wed, 27 Jan 2010 22:03:41 +0000 http://www.ctinnovations.com/blog/?p=502#comment-20691 Mr. Cantino’s suggestion should be implemented and in a way that enables SBIR/STTR winners the opportunity to leverage the State funding in supplemental SBIR programs. Some SBIR agencies offer supplemental funding to their grant winners based on third party funding. For example, SecureRF Corporation was able to participate in the National Science Foundation’s Phase IB grant program which matches up to 50% of the funds committed by eligible outside funding. These eligible funders can include “non-SBIR/STTR grants and contracts from State and Federal Governments directly tied to the research project envisioned by the Phase I application and its logical extension into Phase II and commercialization.” The NSF has a second program which offers Phase II SBIR winners matching funds up to $500,000. A State matching grant program would make it easier for small Connecticut businesses to bridge the gap in funding in the SBIR program and work towards successful commercialization. Joanne C. Kelleher SecureRF Corporation Mr. Cantino’s suggestion should be implemented and in a way that enables SBIR/STTR winners the opportunity to leverage the State funding in supplemental SBIR programs.

Some SBIR agencies offer supplemental funding to their grant winners based on third party funding. For example, SecureRF Corporation was able to participate in the National Science Foundation’s Phase IB grant program which matches up to 50% of the funds committed by eligible outside funding. These eligible funders can include “non-SBIR/STTR grants and contracts from State and Federal Governments directly tied to the research project envisioned by the Phase I application and its logical extension into Phase II and commercialization.” The NSF has a second program which offers Phase II SBIR winners matching funds up to $500,000.

A State matching grant program would make it easier for small Connecticut businesses to bridge the gap in funding in the SBIR program and work towards successful commercialization.

Joanne C. Kelleher
SecureRF Corporation

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