Funding for Innovation

Tap into Yale’s Resources for Finding Funding, Licensing New Technologies and Designing and Launching a Startup

Small Business Innovation Research Event - November 6, 2013, 12-1 pm - Beaumont Room, Sterling Hall of Medicine

Lunch will be provided. Reservations required. To reserve your spot please click here for the registration page.

There’s a wealth of grant money available to researchers through the government’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer programs (STTR). Faculty who form a startup around their innovative research are eligible for up to $150,000 in Phase I grant money and up to $1,000,000 in Phase II grant money. What’s more, through the SBIR Acceleration and Commercialization Program from Connecticut Innovations, awardees can receive matching grants of up to $30,000, allowing researchers to gather additional data, protect intellectual property, conduct market research and more. Qualifying companies may apply for up to two of these CI grants per year. 

The National Institutes of Health is looking for small companies that are working to improve patient health, speed the process of discovery, reduce the cost of medical care and research and improve research and communication tools. The SBIR program requires the principal investigator to have his/her primary employment with the small business. Under the STTR, primary employment is not required and grants are awarded to cooperative research—technology development occurring between a small business and a partnering research university. 

To help navigate the process for faculty, grad students and postdocs, the Yale Office of Cooperative Research has arranged for an SBIR Luncheon on November 6, 12-1 p.m. with Lisa Kurek, the Program Director of SBIR Impact NYC and a Managing Partner of BBC Entrepreneurial Training and Consulting. Kurek is an expert in biomedical technology, and spent 15 years in product and business development for companies including Baxter (medical devices) and Millipore (biomanufacturing). The luncheon will be held at the Beaumont Room, Sterling Hall of Medicine, 333 Cedar Street

That evening, Kurek will speak to a broader healthcare community during BioHaven: Funding for Innovation on November 6, 4-6 p.m. at the Anlyan Center along with representatives from Connecticut Innovations and a panel of SBIR awardees who will discuss keys to success in the SBIR process. Refreshments will be provided. Register at:https://biohavensbir.eventbrite.com/

For one-on-one consultations, Merrie London, SBIR manager at Connecticut Innovations, is hosting office hours at the Yale Office of Cooperative Research at 433 Temple Street on September 25 and October 9 and 23, from 1-4 p.m. London manages the SBIR Acceleration and Commercialization program and works with a portfolio of 75-100 Connecticut companies providing grant, strategy, investment and business plan assistance. To reserve a spot, email merrie.london@ctinnovations.com

For Yale SBIR Success Stories please click here, and for more info on entrepreneurial opportunities at Yale click here