Local Company Strikes
SBIR Gold
Susquehanna
Resources and Environment, Inc. landed a $3 million Army contract for commercialization
of a technology developed through the Army SBIR (Small Business Innovation Research)
program. The contract is with the Distributed Common Ground System-Army office
(DCGS-A) in Fort Monmouth, New Jersey, which manages Net-centric Intelligence,
Surveillance and Reconnaissance. Dr. Shin-Yi Hsu, President, created a new pattern
recognition technology which provides image automated target cueing and mapping.
The technology is used to assist the Army for treaty verification, to monitor
boundary agreements and watch movement of tanks, troops and munitions. Dr. Hsu
will be integrating his software into the Army’s computing systems, and
training Army personnel to use it.
TDO’s Marcie Sonneborn, provided support to Dr. Hsu in the submission
of multiple SBIR grant applications over the last eight years and most recently
in the negotiations for the Phase III commercialization contract with the Army.
The TDO works in collaboration with Dr. Hsu’s local Regional Technology
Development Center in Binghamton, AM&T, to provide services to SBIR clients
throughout the Southern Tier.
“The purpose of the federal SBIR program
is to foster small business development through funding of technology innovation
by the government for high risk research and development.”
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The purpose of the federal SBIR program is to foster small business development
through funding of technology innovation by the government for high risk research
and development. SBIR grants of up to $100,000 are available to fund Phase I feasibility
and proof of concept, and Phase II prototype development for up to $750,000 leading
to product development and commercialization. This Army contract is considered
a Phase III, which is the commercialization of the technology, but is not funded
from the pool of federal SBIR funds. In Phase III, companies rely on their own
resources, a commercial partnership, venture funding or a government contract
from an interested agency, frequently one that has sponsored the Phase I and Phase
II research. 11 government agencies participate in SBIR and provide grants for
technology development. U.S. companies with fewer than 500 employees are eligible
to apply.
Dr. Hsu’s success is only one example of the benefits of SBIR and STTR
(Small Business Technology Transfer Research, a partnership with a research institution)
in Central New York State. Over the past 12 years, TDO has assisted companies
throughout a 35-county region to obtain well over $100 million in federal SBIR
and STTR funds. If you’d like to explore the potential for SBIR in your
business, contact Marcie Sonneborn at msonneborn@tdo.org
or 315-425-5144.
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