The National Institute of Health’s (NIH) invests more than $32 billion annually in medical research to enhance life and to reduce illness and disability. NIH-funded research has led to breakthroughs and new treatments, helping people live longer, healthier lives, and building the research foundation that drives discovery.
Join BBC Entrepreneurial Training Center’s live Virtual Classroom for an interactive, full-day overview of the NIH SBIR/STTR grant program. In addition to up-to-date information on the SBIR/STTR programs, we’ll take a deep dive into the The Nuts and Bolts of the NIH, How to Prepare a Budget for SBIR/STTR Proposals, and the Essentials of Commercialization. This Virtual Classroom features activities and regular interaction between speakers and participants. Get your questions ready!
8:30am: The Nuts and Bolts of NIH, Presented by Megan Varnum, PhD
Get the strategies for how to address each section of the proposal, while meeting the reviewers’ expectations. We’ll cover what technological innovation and commercial merit really means, as well as, common pitfalls and how to avoid them.
10:15am: How to Prepare a Budget for SBIR/STTR Proposals, Presented by Shannon Bass
A proper budget can be an effective tool in driving the project from start to finish. This session covers what costs need to be included, different cost types, how to write a budget justification, what indirect rate should be used and more!
12:15pm: Essentials of Commercialization, Presented by Amanda Barnhart, MBA
Commercialization and transition plans can be a key differentiator in the SBIR/STTR programs, it is important to know what the agencies are looking for and how to go about developing a good plan. This session will review the requirements and guide you through where to start, what to include, and how to show your best self
1:45pm: Final Q&A
Megan Varnum, Ph.D.
Megan joined BBCetc as a Principal Consultant in 2019 with a wealth of experience in leading biological technologies on the path to commercialization. As CEO of FibrosIX Inc., a Michigan company developing compounds for the treatment or prevention of fibrosis-related disorders, Megan was involved in all aspects of planning and operation of the company. This included writing an SBIR grant proposal, which was awarded from the National Cancer Institute. Her prior experience includes serving as an Entrepreneur in Residence for Michigan State University’s Spartan Innovations where she assisted MSU researchers in translating their technologies into startup businesses. While at MSU, she managed the launch of two startups and assisted in preparation of both NIH and NSF STTR proposals. A former Research Associate of the Scripps Research Institute, Megan received a B.S degree from the University of Massachusetts Amherst and a PhD from Boston University.
Shannon joined BBCetc as a Principal Consultant in 2018 bringing with her 28 years of management experience in the biotechnology industry and as an independent SBIR/STTR consultant. Shannon’s career began with an animal health start-up out of the University of Kentucky, which was later purchased by Neogen Corporation. She continued in senior management with Neogen for 17 years in the areas of quality control/ assurance, regulatory, pharmaceutical manufacturing and technical services. Later she became CEO of a biotech start-up which brought to market a veterinary research device and president of another medical device firm developing a product for treatment of late-stage lung cancer. She holds B.S. degree in Agriculture from Murray State University in Kentucky.
Amanda Barnhart, MBA
Amanda joined BBCetc as a Principal Consultant in 2020 after serving as the Director of Business Development and Regulatory Affairs for a Michigan manufacturing facility producing medical isotopes for cancer therapy. In addition to her directorial responsibilities, Amanda worked as a nuclear engineer, project manager, and program manager to secure over $60 million in DoE, DoD, DHS and private investor funds. She’s won over 30 Phase I, Phase II, and Phase III contracts through the SBIR/STTR program and she has managed the post-award administration process for five universities and six national laboratories. She has an Executive MBA in Integrative Management from Michigan State University and a Bachelor’s in Materials Science and Engineering from the University of Michigan.