Eva Garland Consulting (EGC) was grateful for the opportunity to host over 50 SBIR/STTR companies at a Roundtable discussion on “The Impact of New Government Regulations on SBIR/STTR Awards” at our headquarters in Raleigh, NC, on February 18.
The event began with presentations from:
- Eva Garland, Ph.D., CEO
- Jeremy Hinckley, CPA, MBA, Vice President of Accounting & Compliance
- Angela Pollard, Ph.D., Vice President of Scientific Consulting
Discussion topics focused on strategies for mitigating risk within the current SBIR/STTR funding environment.
Key insights included:
- Be ready for an administrative review or audit of your current awards by ensuring that your books are in order and that you are in full compliance with all agency requirements.
- Secure reimbursement funds from payment management systems promptly so that you can weather any future budget freezes.
- Consider revising your direct and indirect cost allocations in preparation for adjustments in indirect rate caps.
- Focus your scientific premise on topics that are of high priority for the funding agency and for the administration.
Companies who take the time to understand the current SBIR/STTR environment will have a clear advantage in upcoming SBIR/STTR opportunities, including:
- NSF SBIR/STTR – March 5
- DOD SBIR/STTR – March 6 – July 9
- Department of Transportation SBIR – March 7
- NASA SBIR/STTR – March 10
- National Institutes of Health SBIR/STTR – April 7
- Department of Energy SBIR/STTR – May 6
Thank you to all who attended and contributed to the discussion!
To learn more about how EGC can support your success in the SBIR/STTR program, schedule a call with one of our business development associates.