Revisiting the Department of Defense SBIR Fast Track Initiative (2009) / Chapter Skim
Currently Skimming:
Summary
Summary
Pages 1-6
The Chapter Skim interface presents what we've algorithmically identified as the most significant single chunk of text within every page in the chapter.
Select key terms on the right to highlight them within pages of the chapter.
From page 1... ...
Under this approach, the evaluation process for Phase II proposals gave preference to applicants who could demonstrate that they would commit internal funding or that they had financial or in-kind commitments from third parties to bring the technology to market in Phase III. With that commitment, applicants received essentially continuous funding from Phase I to Phase II.
|
From page 2... ...
5 Although both Army and OSD SBIR name their Phase II Enhancement programs Phase II Plus, DoD refers to the overall program as Phase II Enhancement in their solicitations, hence this report uses the term Phase II Enhancement to include all DoD components that participate. 6 Although the Phase II Enhancement program was announced in 1999 in solicitation 99.2, the first few awards were made on Phase II that had been awarded their Phase II contracts in 1997.
|
From page 3... ...
The Phase II Enhancement: Transitioning Beyond Phase II Since 2000, DoD Components have developed policies to further encourage the transition of SBIR research into DoD acquisition programs and/or the private sector. Under this policy, DoD Components provide an eligible firm with additional Phase II SBIR funding (up to $500,000)
|
From page 4... ...
Ninety percent of Fast Track and 95 percent of Phase II Enhancement reported satisfaction with their decision.9 Fast Track Attracts New Firms Firms that apply for Fast Track tend to be new to the program and younger than average SBIR firms.10 They have had far fewer Phase II awards than the overall population. Sixty-four percent of surveyed firms are first time Phase II award winners.11 The average annual firm revenue for Fast Track applicants is less than average SBIR firms.
|
From page 5... ...
Recognizing the positive value of gap funding under Fast Track, however, program managers initiated procedures for additional funding after Phase I to firms that submitted a Phase II proposal, reducing the attraction of Fast Track.12 Analysis of DoD SBIR awards presented in this volume indicates that as more firms pursue Phase II Enhancement, participation in Fast Track, never large, has declined. Since the origination of Fast Track, participation has declined from 7 percent of all Phase II awards in DoD to 2.5 percent, driven by choices made by individual firms.13 However, there is no direct relationship between the percentage of firms applying for Fast Track and the realization of overall SBIR goals.
|
From page 6... ...
to obtain additional SBIR funding to the firm. Finally, based on a project's technical achievement, Phase II Enhancement also provides the opportunity to leverage acquisition program funding to increase the level of funding available; i.e., an acquisition program has its R&D investment in Phase II Enhancement matched by SBIR funding, thereby achieving more with its programmed funding.19 These innovations in SBIR program operations at DoD reflect well on its management.
|
Key Terms
This material may be derived from roughly machine-read images, and so is provided only to facilitate research.
More
information on Chapter Skim is available.