First Flight Venture Center, (First Flight) a science and technology incubator in Research Triangle Park, has received a Federal and State Technology (FAST) award from the U.S. Small Business Administration (SBA) to develop and administer a comprehensive program to support science-focused early stage companies.
The First Flight 2019/2020 FAST program is not only meant to increase the number of competitive applications for Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants but also to impact grant funding WINS by underrepresented science-focused companies in North Carolina.
First Flight has partnered with Eva Garland Consulting (EGC), a nationally recognized grant-writing firm with expertise in the SBIR/STTR program, to deliver the First Flight FAST award program.
Components of 2019/20 Fast Program:
Three “Winning SBIR/STTR Grants” Education Seminars to raise awareness about how to submit competitive grants and win SBIR/STTR fundingEducation Seminars are aimed to benefit both science-focused startups/entrepreneurs and technology transfer teams and others who assist early stage companies in their path to commercialization.
2020 FAST Cohort: Up to 30 science-focused startup companies will be selected for a cohort who will receive support in submitting a Phase I SBIR/STTR application during the 2020 calendar year. Companies will apply for participation through a competitive process and if accepted, will attend a SBIR/STTR grant readiness day “Boot Camp” (February 5-6) and receive coaching for several months, leading up to their Phase 1 grant submission. Information about the 2020 FAST Cohort and application will be live as of November 1st.
LiftOff Program participation: Six companies across the state, women/minority owned, rural-based or socio-economically distressed, will be selected for First Flight’s LiftOff program, the subsidized grant-writing program that has generated over $15.5 in new SBIR/STTR non-dilutive funding for participating companies. LiftOff participation includes a strategic funding plan and professionally written Phase 1 grant by EGC scientific grant-writing team.
EDUCATION SEMINARS Grant-Writing Experts Share Valuable SBIR/STTR grant Insights This half-day education seminar focuses on all aspects of how to strategically assist early stage companies to obtain funding from the SBIR/STTR Program. Content is geared to a range of participants, including startups, faculty, tech transfer teams and individuals who support small businesses developing new technologies and entrepreneurs at early stage companies. The workshop is also led by expert scientific consultants from Eva Garland Consulting (EGC).