find an expert counselor near you
Search your county
adminOctober 9, 2019

America’s SBDC New Jersey Facilitates and Sponsors U.S. Small Business Administration’s SBIR Road Tour

Attendees Will Travel to Rutgers New Brunswick to Learn
How to Tap into Funding for Technology Innovation

(Newark, NJ – September 4, 2019) –The U.S. Small Business Administration’s (SBA) highly successful SBIR Road Tour is coming to Rutgers Cook Student Center in New Brunswick on Wednesday, September 18. The New Jersey Small Business Development Centers (NJSBDC) network is a key host and sponsor as are other SBDCs in the nation.

The 2019 Small Business Innovation Research (SBIR) road tour is an SBA national outreach project that connects entrepreneurs working on advanced technologies and innovations to federal funding opportunities and support like the SBIR and Small Business Technology Transfer (STTR) programs.

The New Jersey Stop is sponsored by the New Jersey Small Business Development Centers (NJSBDC), EisnerAmper and McCarter & English, LLP. Other sponsors and supporting organizations include BioNJ, Rutgers University, New Jersey Business Incubation Network, New Jersey Economic Development Authority, New Jersey Innovation Institute, New Jersey Technology Council, Princeton University, TechLaunch, and Stevens Institute of Technology.

Each SBIR Road Tour stop provides participants with an opportunity to hear directly from the participating federal agency program managers that administer more than 5,000 new awards annually and to meet one-on-one with program decision makers.

The program starts at 8:30 AM. It includes a networking lunch and continues through 5:00 PM. Immediately following lunch (12:30 PM to 1:00 PM), Randy Harmon, senior consultant of SBDC’s Tech-Commercialization Program, will kick-off the seminar with introductory remarks and an overview of the program’s focus. This traditionally well-attended educational event attracts science and advanced/high-technology companies and an array of expert speakers.

The morning program will feature sessions about the SBIR and STTR programs that present funding opportunities for science-technology companies as well as individual agency programs, the Federal Laboratory Consortium (FLC), patents and trademarks, etc. There are also one-on-one sessions so that attendees can obtain customized feedback from the experts. A panel discussion will take place with program representatives concerning funding proposal writing tips and guidance on how to avoid pitfalls when formulating such proposals. The scheduled one-on-one appointments will run concurrently with the program.

In the afternoon, the attendees will hear about a variety of topics from experts Anthony Faugno, CPA at EisnerAmper LLP – SBIR Cost Proposals; Daniel Kelly, McCarter & English, LLP – Intellectual Property Protection; Judith Sheft, NJ Innovation Institute at NJIT, Vincent Smeraglia, executive director of the Rutgers University’s Office of Research Commercialization, Anthony Williams, Princeton University, and Alan Wink, EisnerAmper LLP – Collaborating with New Jersey’s Research Universities; and David Sorin, McCarter & English, LLP – Financing Strategies for Commercialization.

“The New Jersey Stop on the SBIR Road Tour is just one aspect of the services that the NJSBDC offers small businesses in the Garden State. The unique aspect here is that the focus is on all important science and technology firms,” stated Brenda Hopper, chief executive officer and state director of the New Jersey Small Business Development Centers. “Our specialized services in this important area help businesses reach success.”

“Through a competitive awards-based program, SBIR gives small science-technology businesses in New Jersey the opportunity to explore their technological potential and provides the incentive to profit from its commercialization,” observed Deborah K. Smarth, chief operating officer and associate state director of the New Jersey Small Business Development Centers. “Over the years, NJSBDC’s assistance has facilitated millions of dollars in grant awards to New Jersey-based firms and entrepreneurs that bring their technology innovations to the marketplace.”

Randy Harmon, senior consultant of NJSBDC’s Tech-Commercialization Program, said “I encourage science and technology entrepreneurs to participate in the Road Tour to tap potential funding that is available for this group of entrepreneurs and businesses as this a rare opportunity to learn directly from and engage one-on-one with program decision makers.”

Also known as America’s Seed Fund, the SBIR/STTR programs provide more than $3 billion in funding to small businesses each year in a wide variety of technology areas. The programs are considered by many to be the best source of early stage risk capital to develop a promising new technology and can serve small businesses as a pathway to equity financing.

Over a period of roughly four years, in two competitive phases, small research and development (R&D) businesses can receive up to $1,725,000. There are no loans to be repaid, no equity is given away and the small business maintains control of the intellectual property. However, the research must be in an area that is important to the participating federal government R&D agencies or solves one of their science and technology problems.

For more information and online registration, please visit https://www.njsbdc.com/SBIR.

    starting Your Business

    If you are planning on starting a small business, NJSBDC, with the help of the Small Business Administration (SBA), is here to make your small business dreams a reality. Become a client and see how.

    Expanding Your Business

    If you are an existing business with annual revenue of up to $1 million or have more than $1 million in revenue and/or 10 or more employees, NJSBDC can help you expand your market share as a company and grow your vision into a successful company. Become a client and see how.

    Related Articles

  • From Challenges to Recovery to Resiliency

  • NJSBDC Network Featured in NJ Biz Article on Annual Small Business Growth Client Award Winners

  • New Leadership Appointment at NJSBDC HQ

  • Join Our Mailing List

    Get access to the resources and information you need, from the experts who can help you grow your business

    Select list(s) to subscribe to


    By submitting this form, you are consenting to receive marketing emails from: America's Small Business Development Centers - New Jersey (NJSBDC), 1 Washington Park, Newark, NJ, 07102, https://www.njsbdc.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

    By submitting this form, you are consenting to receive marketing emails from: America’s Small Business Development Centers – New Jersey (NJSBDC), 1 Washington Park, Newark, NJ, 07102, US, https://www.njsbdc.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact.

    SBA Image

    Funded in part through a cooperative agreement with the U.S. Small Business Administration. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. All services extended to the public on a non-discriminatory basis.