Grants for IDeA Regional Entrepreneurship Development Program – US

Deadline: 5-Jan-22

The National Institutes of Health (NIH) is pleased to announce the Institutional Development Award (IDeA) Regional Entrepreneurship Development (I-RED) Program (STTR) that supports the development of educational products to promote biomedical entrepreneurship in IDeA states.

• The following activities must be completed during Phase I of the award. Additional activities to prepare for Phase II may also be proposed in the application.
  • Establishing functional SC, AC, and EAC
  • Developing a Memorandum of Understanding (MOU)/contract describing the arrangements between the SBC and academic institutions, including the partner institution and the institutions in the Tech Transfer Network where product testing and validation will take place through conducting entrepreneurship training, and possible award(s) of pilot projects. This should be completed in the Phase I of the award, but not prior to the submission of the applications.  
  • Completing research and needs analyses to set product development goals
  • Setting product development goals
  • Completing product design
  • Developing prototypes
  • Developing/adapting effective strategies and plans for product testing through conducting entrepreneurship training at academic institutions
  • Developing Pilot Project funding opportunity announcements and soliciting applications from investigators at academic institutions. Establishing a process to evaluate and select pilot projects for funding.
  • Implementing the evaluation plan to monitor the Phase I progress of the I-RED program
• The following activities must be completed during Phase II of the award. Additional activities appropriate for Phase II may also be proposed.
  • Continuing the iterative process of product development, including testing at academic institutions, assessing the effectiveness of the products, and product refinement
  • Funding pilot projects and testing the I-RED entrepreneurship training products, in conjunction with any other needed training materials, with the pilot project investigators to meet their entrepreneurship needs such as patent filing, business plan development, and raising capital, bookkeeping, financing, business operation, and marketing.
  • Testing training products designed to build the skills needed to develop successful SBIR/STTR applications
  • Advising pilot project investigators, in coordination with institutional technology transfer offices, to facilitate the commercialization of technologies and other products developed through the pilot projects
  • Implementing an evaluation plan to monitor the success of the I-RED program
  • Developing and implementing commercialization plans

• Funds Available and Anticipated Number of Awards: Fund an estimated four awards, corresponding to a total cost of $1,008,000, for fiscal year 2022. Future year amounts will depend on annual appropriations.
• Award Budget: Budgets up to $252,000 total costs (direct costs, indirect costs, fee) per year for Phase I and up to $1.5 million total costs (direct costs, indirect costs, fee) per year for Phase II may be requested.
• Award Project Period: According to statutory guidelines, award periods normally may not exceed 1 year for Phase I and 2 years for Phase II.

• Is organized for profit, with a place of business located in the United States, which operates primarily within the United States or which makes a significant contribution to the United States economy through payment of taxes or use of American products, materials or labor;
• Is in the legal form of an individual proprietorship, partnership, limited liability company, corporation, joint venture, association, trust or cooperative, except that where the form is a joint venture, there must be less than 50 percent participation by foreign business entities in the joint venture;
  • Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR). Be a concern which is more than 50% directly owned and controlled by one or more individuals (who are citizens or permanent resident aliens of the United States), other business concerns (each of which is more than 50% directly owned and controlled by individuals who are citizens or permanent resident aliens of the United States), an Indian tribe, ANC or NHO (or a wholly owned business entity of such tribe, ANC or NHO), or any combination of these; OR
  • SBIR-only. Be a concern which is more than 50% owned by multiple venture capital operating companies, hedge funds, private equity firms, or any combination of these. No single venture capital operating company, hedge fund, or private equity firm may own more than 50% of the concern, unless that single venture capital operating company, hedge fund, or private equity firm qualifies as a small business concern that is more than 50% directly owned and controlled by individuals who are citizens or permanent resident aliens of the United States; OR
  • SBIR and STTR. Be a joint venture in which each entity to the joint venture must meet the requirements. A joint venture that includes one or more concerns that meet the requirements.
• Has, including its affiliates, not more than 500 employees.

For more information, visit https://www.grants.gov/web/grants/view-opportunity.html?oppId=336044