An Assessment of the SBIR Program at the Department of Energy (2008) / Chapter Skim
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3 Award Statistics
3 Award Statistics
Pages 42-55
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From page 42... ...
In particular, we examine the number and amount of Phase I and Phase II awards, and break down the data in terms of woman- and minority-owned businesses, geography, and multiple awardees. Given that the budget for the SBIR is based on the 2.5 percent set-aside, the size of the SBIR program at DoE will change with the federal government's commitment to energy research and development.
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From page 43... ...
Weak support for energy technology in the late 1990s is reflected in the data on venture capital activity. The boom in venture capital disbursements from 1995 to 2000 did result in a growth in funding by venture capital firms in energy technology companies, but at a far less-than-proportional rate.
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From page 44... ...
These shifts have created new opportunities for energy technology companies that are reflected in the recent venture capital numbers: In the second quarter of 2006, both the number of deals and total equity investments by venture capital firms in energy companies tripled in relation to the previous year. A growing public concern in the United States around the need to strengthen the nation's capabilities to produce energy from a variety of sources has driven a growing consensus on the need to increased investments in energy R&D.
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From page 45... ...
com>. 3.2 Size of Individual Awards DoE uses the maximum dollar amounts provided by the law as its upper limits for both Phase I and Phase II awards, $100,000 and $750,000, respectively.
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From page 46... ...
Once this parameter is established, and the total SBIR budget is determined for a given year, a simple algebraic formula determines the number of Phase I and Phase II awards as a function of the total budget, the size of Phase I and Phase II awards, and the conversion ratio. 3.2.1 Phase I Awards The average annual number of Phase I awards was 235 from 1992 to 2005. However, there was a shift in pattern during this period.
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From page 47... ...
In 1992, DoE funded 66 Phase II awards, and by 2002 over 100 awards were being funded. Total DoE funding for Phase II awards more than doubled during this period, with a jump in funding in the mid-1990s.
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From page 48... ...
The top five states, in terms of Phase I DoE SBIR award receipt, are California, Massachusetts, Colorado, Connecticut, Texas, and New York, and together they account for 57 percent of Phase I awards. As a point of comparison, the top five states in terms of overall R&D expenditures in 2002 accounted for 47 percent of total R&D funds.
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From page 49... ...
The bottom 20 states accounted for even fewer awards than for Phase I -- only 1 percent of all Phase II awards. Ten states received no Phase II awards.
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From page 50... ...
FIGURE 3-5 Phase II awards by state, 1992-2005.
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From page 51... ...
PAUL MN-WI 134 0440 ANN ARBOR MI 129 2000 DAYTON-SPRINGFIELD OH 111 7480 SANTA BARBARA-SANTA MARIA-LOMPOC CA 111 1600 CHICAGO IL 93 4720 MADISON WI 79 4560 LOWELL MA-NH 78 1680 CLEVELAND-LORAIN-ELYRIA OH 77 6280 PITTSBURGH PA 75 5480 NEW HAVEN-MERIDEN CT 72 8480 TRENTON NJ 68 3280 HARTFORD CT 59 5720 NORFOLK-VIRGINIA BEACH-NEWPORT NEWS VA-NC 53 6200 PHOENIX-MESA AZ 53 6640 RALEIGH-DURHAM-CHAPEL HILL NC 53 7600 SEATTLE-BELLEVUE-EVERETT WA 48 9240 WORCESTER MA-CT 48 0160 ALBANY-SCHENECTADY-TROY NY 46 4900 MELBOURNE-TITUSVILLE-PALM BAY FL 41 5775 OAKLAND CA 40 2900 GAINESVILLE FL 36 SOURCE: U.S. Small Business Administration, Tech-Net Database; Department of Energy SBIR program.
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From page 52... ...
Thirty-six percent reported five or fewer prior Phase I awards. Forty percent had no prior Phase II awards, while 36 percent reported five or fewer prior Phase II awards.
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From page 53... ...
were asked whether they had received other SBIR awards related to the same project/technology supported by the subject Phase II award (either prior or subsequent to the subject Phase II award)
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From page 54... ...
3.6 corrected awards and 37 percent reported between one and five. The average number of other related Phase II awards was one.
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From page 55... ...
The remaining sources -- such as venture capital, other companies, private investors, non-federal governments, and educational institutions -- contributed in total to about 25 percent of reported cases concerning previous related R&D. However, these data do not indicate how much funding was provided by each of these sources.
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