Small business needs to take measures to protect its intellectual property since it adds financial value and provides a competitive advantage. The principals of many small firms are adamant about protecting their company “secrets.” This makes it difficult to talk with others about their ideas—including potential investors or funding agencies. When applying for federal SBIR/STTR funds to develop new, high-value ideas, applicants often struggle with how much information to include in the Phase I SBIR/STTR application. It’s a “Catch-22.” They need to explain the research project in enough detail that reviewers understand the technology and will recommend funding while still ensuring their proprietary data remains confidential. Reviewers do not usually agree to fund a “black box” proposal or a “trust us” proposal.
Sign up for this webinar to learn the following:
- What information is considered to be “proprietary data”
- Who has access to the data in funded and unfunded proposals
- What the government has a right to use in terms of their inherent “data rights” when they fund a project
- What kinds of information and levels of detail to include in SBIR/STTR proposals
- How to protect the data you decide to disclose for each agency
The presenter will be Mark Henry from Grow Emerging Companies LLC. Mark has 37 years of SBIR/STTR experience. He has worked on some 3000 proposals and has been working with companies in Wyoming for nearly two decades. Mark is known as “the Vince Lombardi of the SBIR program.”
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A recording will be sent to all registered attendees.
Reasonable accommodations for persons with disabilities will be made, if requested at least 2 weeks in advance. Contact the SBDC Network at(307) 382-0947 to obtain further information.