Each month, we host an informative webinar to ensure you protect your funds from the government. This week, we hosted a webinar on DCAA compliance accounting requirements for SBIR awardees.
Sep 25, 2015 5:27:37 PM
Jun 26, 2014 3:34:00 PM
As part of our on-going involvement within the SBIR Program, two of our team members, Brian LaCroix and Tom Pistone, participated as volunteer proposal reviewers for the 2014 MassVentures SBIR START Program. The results of the proposals are now in, and congratulations to the 10 Stage 1 companies that won $100,000 grants from MassVentures, as well as the 4 Stage II Program winnners taking home $200,000 each! The Stage II winners will have the opportnity to compete for one of two Stage III awards of up to $500,000 each, based on their progress in bringing a product or service to the market.
Very exciting news for the Massachusetts Innovation Eco-system!
MassVentures Announces 2014 "START" Stage I & II Program Winners
MassVentures, announced today the 2014 START Stage I & II program winners. START, now in its third year, is a $6 million initiative funded by the Patrick Administration and administered by MassVentures to help growing companies commercialize technologies developed under SBIR and STTR contracts. The program is intended to help high-growth companies grow employment opportunities, promote manufacturing and commercialization, and stimulate innovation across the Commonwealth.
Each of the Stage I winners receieve $100,000. Each of the Stage II winners won $200,000 each, and in 12 months, they will compete for 1 of 2 $500,000 Stage III awards.
The Stage I winners are:
Jun 9, 2014 3:38:00 PM
Via CT Innovations:
Apr 23, 2014 1:00:00 PM
Ed Jameson was recently selected by Connecticut Innovations to provide a video resource to their start-up community on "How to Establish an SBIR Accounting System That Can Withstand A Government Audit".
Apr 16, 2014 10:48:00 AM
The National SBIR/STTR Conference is being in just 2 months. If you are a small business considering non-dilutive funding to build out your business and fund your R&D, this is the most influential event of the year and is not to be missed!
The event will be held at the Gaylord National Convention Center in National Harbor, Maryland on June 14-16, only a few miles outside of Washington D.C. along the Potomac river. This event will be held in conjunction with it's larger event, the National Innovation Summit.
Mar 28, 2014 4:35:00 PM
A looming deadline is quickly approaching for Massachusetts SBIR/STTR Participants. START is a Program funded by the Commonwealth of Massachusetts to assist Mass. Companies with SBIR Phase II funding to commercialize their technologies.
Mar 11, 2014 5:42:47 PM
Ed Jameson has been chosen to present on SBIR/STTR Grants & Contracts Accounting & Auditing at the 2014 kentucky SBIR-STTR Conference on Friday April 11th, 2014 in conjunction with Mahendra Jain of the Kentucky Science & Technology Corporation.
The presentation will begin at 2:05, and last approximately 45 min, along with one-on-one session availability for conference participants.
Mar 5, 2014 5:39:00 PM
NIH Increase Salary Cap
The National Institute for Health (NIH) recently announced an increase in the salary cap for Principle Investigators from $179,700 to $181,500. The increase, effective January 12, 2014, applies to all NIH grants, cooperative agreement awards, and extramural research and development contract awards.
Below is a summary of the NIH Salary Caps* for the most recent 3 government fiscal years and the applicable periods:
Feb 20, 2014 11:35:00 AM
Ed Jameson was recently selected as the Workshop Presenter for Cost Accounting of Government Grants & Contracts at the 2014 National SBIR Conference. The conference is part of the National Innovation Summit hosted by TechConnect, at the Gaylord National Convention Center just outside Washington DC this June 16-18.
In addition to Ed's detailed workshop, we will have a 1 on 1 space available, where you may speak individually with one of our Partners about your cost proposals, accounting systems, indirect rates or audit questions. We're happy to perform a review of your cost proposal or Quickbooks if you bring them with you on a laptop or flash drive. Compliant SBIR Accounting & STTR Accounting is absolutely crucial as a small business relying on Non-Dilutive Funding. Accounting is one of the most over-looked problems you'll face as a small business in this program. Improper Accounting Systems & Poorly Projected Indirect Rates can cost you thousands in penalties, or even millions in awards. During Ed's workshop, we will unearth the landmines you'll face, and explain how to avoid these costly mistakes.
Additional details to come, but don't miss out on the best conference for SBIR/STTR in the country.
Find the website and registration details at http://nationalinnovationsummit.com/program/National_SBIR_Conference.html .
We're happy to perform a review of your accounting systems and cost proposals in advance of the conference with our P1A Risk & Compliance Review.
Feb 12, 2014 3:18:00 PM
NIH Announces Pilot Program to Allow Direct to Phase II SBIR Grants; Rules Changed to Allow Switching Between SBIR and STTR Phase II’s
Pilot Program to Allow Direct to Phase II SBIR Grants
On February 5, 2014, the NIH announced that they will issue a Phase II award to a small business concern (SBC’s) that did not receive a Phase I award for that research/research & development' (‘Direct-to-Phase II’ SBIR award).
Under Section 5106 of the Reauthorization Act, small businesses can submit Direct-to-Phase-II SBIR applications, if the small business had performed the Phase I stage-type of research, but through other funding sources. The legislative rationale for this is to allow a SBC that has already built a technology prototype and tested its feasibility (i.e. completed Phase-I-type R&D) to move directly into a Phase-II-type R&D that tests the functional viability of the prototype, eliminating the need for the SBCs to propose additional small feasibility studies, if the technology is ready for the Phase II stage of development.
The Direct-to-Phase II authority is not available to the STTR program and not available for the CDC, FDA, and ACF SBIR programs. For a complete listing of NIH agencies participating in this pilot program and the rules, please click on https://grants.nih.gov/grants/guide/pa-files/PAR-14-088.html.