finding the money financial investment opportunities nov2010

8/7/2019 Finding the Money Financial Investment Opportunities Nov2010

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"Finding the Money"

Federal Financing Opportunities

Tulane University Invention to VentureWorkshopNovember 12, 2010

April L. Burke

Lewis-Burke Associates LLC


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Lewis-Burke Associates LLC

Started working with Tulane in August 2004

Full service federal government relations firm employing 15 governmentrelations and education and science policy professionals

24 clients, exclusively from the higher education and non-profit scienceand technology sectors

Efforts are directed at increasing the effectiveness of a clients

interactions with the federal government

Provide strategic advice, counsel, and support in areas related to:Advocacy, strategic agenda development, positioning, and coalitionbuilding


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$$Finding the Money$$

Initiatives and programs are run within theindividual federal agencies

There are not hidden bags of money, mostinformation is available on the websites

Contact with individual program managers

can be helpful, they are there to help YOU


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Biomedical, Biotechnology $ =National Institutes of Health (NIH)

There is not ONE central place for technology funding, but MANY Centers andInstitutes with separate and collaborative initiatives

Roadmap Initiatives - Focus on translating basic science discoveries into new andbetter treatments

RAID - Rapid Access to Interventional Development - Utilize NIH resources (i.e.NCI's Developmental Therapeutics Program and NHLBIs Gene Therapy

Resource Program) to support pre-clinical development for therapeutic agents

NINDS - Cooperative Program for Translational Research Outside traditional peer review process but includes milestones (more like DoD)

Multiple funding mechanisms for individuals, groups, pre-clinical development oftherapeutics

NCI - Milestone focus on cancer Center for Strategic Scientific Initiatives Nanotechnology Alliance


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NIH: Continued

NCRR - Small Business Innovation Research (SBIR) & SmallBusiness Technology Transfer (STTR) programs- NIH, CDC, FDA,ACF participating

New: Cures Acceleration Network (CAN)- $50M in draft FY 2011appropriations bills

New: NHLBI - Accelerated Innovation Program (under development) New Regional Centers focused on market acceleration - NHLBI,

private investors, pharma, and universities contribute to holdingentity to share in revenue and patent costs

Other: FDA Center for Devices and Radiological Health - Resourcefor rules/regulations in marketing new medical devices


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Physical, Mathematical, Engineering $ =National Science Foundation (NSF)

Partnerships for Innovation, $600K/3 years (per award) SBIR / STTR Clusters

Biotech, nanotechnology, education applications, materials,chemical technology, IT

Industry/University Cooperative Research Centers, $65K up to 15years leverage industry funding

Grant Opportunities for Academic Liaison with Industry (GOALI) New: Acceleration Innovation Research ($12M) - Proof of Concept

funds and leverage existing centers

Individual Technology Translation Plan Competition ($4M) Research Alliance Competition ($8M) Letters of Intent due December 1, 2010 Program will grow in 2011


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From NSF Website: Engineering Directorate Investments


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Environment, Renewables, Climate $ =Department of Energy (DOE)

DOE: Department of Everything

Grand challenge problems: Smart grid,

climate change, new energy sources

ARPA-E, $10M on Innovation

Manufacturing of renewable energytechnologies and innovation awards programs


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Product Development $ =Department of Commerce (DOC)

Economic Development Administration (EDA) - i6grant ($12M) - Includes NIH, NSF

November 15-19: Global Entrepreneurship Week USA

New i6 competition to be announced as part of StartupAmerica Initiative

Patent and Trademark Office

Reforms underway to expedite patent review; seeksstronger partnerships with universities


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Additional Product Development Opportunities

HHS - New: Centers of Innovation for Advanced Development andManufacturing

NIH - Attention/funding for Rare Diseases (TRND) small-scale commercializationapproaches growing

FDA - Microscope to Marketplace MOU with NIH

New:Strategic investment corporation for disruptive technologies indiagnostics and medical countermeasures

Increased funding for regulatory science

DARPA - Accelerated Manufacture of Pharmaceuticals Design rules independent of manufacturing processes

Reduce the delays between stages of product development Large-scale manufacturing on the scale of one

NIST - Strong emphasis on manufacturing (MEP; TIP) TIP (Technology Innovation): Manufacturing & biomanufacturing - materials

advances and critical processes; automation


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Possible New Funding Models

Range of possible new funding models

Supplements to federal research grants

Creation of a dedicated commercialization fundsponsored by the Department of Commerce

Reforms to current SBIR policies to create a newpre-incorporation funding stream


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Regional Economic Development and Innovation

Regional Innovation Clusters (across government)

EDA: Regional Innovation Clusters ($75M) and public-privatebusiness incubators ($10M)

SBA: Regional Innovation Clusters (public/private - service to

small business) DOE: Energy Efficient Buildings Hub; E-RIC

DOC: National Advisory Council on Innovation and Entrepreneurship

Development of a national innovation and competitivenessstrategy

Review policies inhibiting innovation (COI, publicly financedbuilding restrictions, tax policy affecting small business enterprisezones, etc.)

University participation at Commerce forums


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Department of Housing & Urban Development (HUD):Catalytic Investment Fund

HUD renewal under Obama: Focus on UD - urban development part ofHUDs mission - holistic, scalable, replicable, collaborative solutions

FY 2011: PROPOSED $150M in new funding for economic development andfinancing to implement innovative economic investment for neighborhood andcommunity revitalization

Eligible applicants: local government, non-profits or consortia Range: $5M to $35M and between 4 and 30 grants

Permitted grant purposes include projects: Designed to reclaim vacant property to create green infrastructure To remove or ameliorate property-related obstacles to economic recovery To support economic development and redevelopment into communities

with attractive amenities and high quality infrastructure, including theprovision of assistance and outreach to small and medium-sized businesses

Support economic activities related to transit-oriented development


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Community Engagement

Cross cutting - Health, education, transportation,nutrition, housing, workforce

Identify partnerships - Local/state education agencies,

business, nonprofits, regions, states New grants: Sustainable and evidence-based CNCS - Social Innovation Fund

FY 2010- $50M; FY 2011 request- $60M

DOEd - Promise Neighborhoods FY 2010- $10M; FY 2011 request- $210M

HUD - Choice Neighborhoods FY 2010- $65M; FY 2011 request- $250M

NEA - Our Town New program - Encourage partnerships to develop and sustain

more livable communities


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Conclusion

Despite constrained fiscal environment,there is federal money available

Do not ignore funding trends, but alignstrengths with them

Must be proactive, aggressive, and try and

try again

finding the money financial investment opportunities nov2010

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