SBIR Insider Newsletter
April 1, 2010 Edition
This is critical for those of you participating in NIH's SBIR with an April 5, 2010 receipt date:
NIH has announced on their web site that they will accept the new $150.000 / $1,000,000 for their (SBIR ONLY) April 5 receipt date. HOWEVER, there are conditions to be met. Of paramount importance is: "A desire to have more time to change the budget request will not be allowed as a valid reason for a late submission. Also, it will not be possible to increase the budget request after the submission."
I'm including their verbiage as of April 1, 2010 and the official link is: http://grants.nih.gov/grants/funding/sbirsttr_news.htm#20100331
From the link above, here is the text:
The Small Business Administration (SBA) announced today, through the Federal Register, a final amendment to the Small Business Innovation Research (SBIR) Program Policy Directive. This Amendment adjusts SBIR Phase I award levels from $100,000 to $150,000, and Phase II award levels from $750,000 to $1,000,000. The amendment also continues to provide participating agencies with an appropriate degree of flexibility in award size. Applicants submitting NIH SBIR Phase I or Phase II applications (new or resubmissions) targeting due dates on or after April 5, 2010, may base budget requests on these adjusted amounts. Note: This amendment only applies to SBIR, not to the Small Business Technology Transfer (STTR) program. However, for both programs, the award levels are statutory guidelines, not ceilings. Therefore, applicants are encouraged to propose a budget that is justified, reasonable and appropriate for completion of the research project. A desire to have more time to change the budget request will not be allowed as a valid reason for a late submission. Also, it will not be possible to increase the budget request after the submission. As always, applicants are encouraged to contact NIH program staff listed in the Funding Opportunity Announcement to discuss their scientific project and budget plans.
We've heard from several companies who will be working over the weekend to update their proposals. Best of luck to you.
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