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Tech Support Program Extended: SBIR Distributes Start-Up Funds

Posted on: Tue, 03 Nov 2009 11:15:00 EST

Symbols: SBCOE

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Nov 03, 2009 (Albuquerque Journal - McClatchy-Tribune Information Services via COMTEX) --
SBCOE | Quote | Chart | News | PowerRating -- The federal Small Business Innovation Research program -- which has provided millions of dollars in support for startup tech companies in New Mexico -- has been extended again, this time through Jan. 31.

The House and Senate adopted bills to re-fund the program earlier this year after its last eight-year reauthorization expired. Because there are major differences in the measures the two chambers have yet to resolve, the program has received several extensions. The latest was to expire late last week.

Barbara Stoller, director of the SBIR Resource Center in Albuquerque, said the Senate voted last week to extend the program for six months. The House, however, reduced the extension to three months and the Senate was expected to concur.

The exception is the Defense Department's SBIR program, which was taken up separately by the Senate and House armed services committees and was extended through Sept. 30, 2010. It was included in the 2010 National Defense Authorization Act signed into law last week.

Stol ler said the SBI R Resource Center will present a training workshop, "SBIR: Survival in a Difficult Economy," from 8:30 a.m. to 4:30 p.m. Nov. 17 at Technology Ventures Corp., 1155 University SE in Albuquerque.

It will cover basic information about the SBIR program's Phase I ($100,000) and SBIR Phase II ($750,000). Participants will also learn planning elements for successfully developing a competitive proposal. Other topics will include proposal fundamentals and writing.

The speaker will be SBIR expert Mark Henry, CEO of GROW LLC in Denver, who has contributed to more than 1,400 proposals in the past 25 years.

Registration costs $50. Visit www.techventures.org/events. For questions, call 843-4143.

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