You may be eligible for a whole lot of extra money that you didn’t even know about.
Every great product or service starts as an idea – or a dream. In 1968, Dr. Spencer Silver, a scientist with 3M, set out to create the world’s strongest adhesive. Eventually, the Post-It was born.
Dr. Silver had the backing and support of his employer to fund his research and bring the product to life (after years of R&D). We’ve simplified the journey from dream to iconic product, but your idea – your vision – is no different.
If you’re reading this blog, there’s a good chance you have a big idea that you’re passionate about bringing to market. But there’s also a good chance that you are missing out on a significant opportunity.
The government can fund your dream. Buckets of cash to help develop and launch innovative ideas are sitting unclaimed by dreamers like you.
We’re here to help your concept become a reality. You might already know about the SBIR and STTR award program, but do you know about TABA?
There are dollars available to you outside of the standard SBIR and STTR channels. But you need to know how to access those funds. That’s where TABA (and Team80) enter the scene.
Meet TABA, a resource that feels like one of the government’s best-kept secrets.
What is TABA?
Once referred to as Discretionary Technical Assistance (DTA) and Commercialization Assistance, TABA (the new term for this program) stands for the Technical and Business Assistance fund.
In simple terms, TABA helps you get additional funding over and above the SBIR/STTR grant budget cap so that you can pay for any commercialization and business costs not included with your SBIR/STTR proposal.
But you can only use SBIR award money for payroll, materials, supplies, and other business expenses or for the direct costs necessary to carry out your idea’s proposed research and development.
- Intellectual property
- IP legal costs
- Market research
- Customer discovery
- Advisors and consultants for manufacturing plan development
Here’s another excellent TABA perk: you can choose your preferred professional to provide services. Legislation passed in 2018, allowing you to select an alternative vendor to assist you with commercialization. Now you can use someone you trust instead of a federal agency-selected professional.
Am I eligible for TABA?
If you have an active NIH, SBIR, or STTR Phase I award, or Phase I grant or contract within the last two years, then you could be eligible for TABA funds. However, you should know that if you’ve received multiple grant awards, they’ll only consider you for one project within the TABA program.
You’re also ineligible if you received TABA funds with your Phase I award. Still, you can consider requesting TABA in your Phase II application.
How do I request or apply for TABA?
“Generally, you must include TABA and vendor requests with your SBIR/STTR Phase I or Phase II proposal submission,” says Jim Casart, Team 80 founder and CEO. “However, some agencies, such as NSF and NIH, have made TABA available to any business with an active award within the past two years. The granting agency may restrict vendor selection for post-proposal TABA.”
The TABA application process is complicated since it varies among the participating agencies, but you shouldn’t worry. We’ll make the process easy so you can stay focused on realizing your dream.
What agencies participate in the TABA program?
There are nine agencies currently participating in the TABA program. Here’s a list of participating agencies and available funds:
AGENCY PHASE I PHASE II
DOE $6,500 $50,000
DOD $6,500 $50,000
DOT $5,000 $13,000
DHS $6,500 $50,000
NASA N/A $10,000
NSF N/A $50,000
NIST $6,500 $6,500
NIH $6,500 $50,000
USDA $6,500 $50,000
Why Team 80?
You have a dream, a big idea. And you have the opportunity not only to bring that dream to life but also to take care of your family, for generations in some instances.
Still, without an experienced partner to guide you through the SBIR, STTR, and TABA awards process, your big idea could wind up on the cutting room floor. We want to make sure that doesn’t happen.
Carpe diem – It’s time to seize the day.
Through our participation in the GovCon Alliance, we can help you locate best-in-class assistance and coordinate the TABA section of your proposal submission.
We understand the confusing nuances of government accounting and have over 20 years of extensive experience working with agencies that participate in the SBIR/STTR programs.
And we’re also familiar with the different submission and solicitation processes among the participating agencies. We can quickly provide what you need, along with submission instructions.
- Market studies
- Installation of government-compliant accounting systems
- Establishing required policies and procedures for government contractors
- Intellectual property strategy and implementation
- Planning for Phase II follow-up proposals, including budgeting and commercialization components
Our mission is bigger than helping you access free government money. We have the opportunity to change your life and the lives of customers who can benefit from your innovative product or service. All you have to do is get in touch.
Stop wasting time mired in applications and paperwork and stay focused on your BIG idea. Let Team 80 take the wheel! Get in touch today!