Customer discovery is the foundation for all subsequent commercialization and marketing plans. Make sure you complete you customer discovery well in advance before applying for #SBIR ⏰
Type your name or your company’s name into a web search. What comes up? Do you like what you see? 👀 In the digital age, a professional web presence is key to winning customers and investors and is an important thing to consider before you apply for #SBIR.
Participating in #NSF #I-Corps programming may help you develop your #commercialization skills and could increase your chances of being awarded #SBIR #funding! 💼
What is TAM? And how does it relate to #SBIR proposals? The Total Addressable Market is an important aspect of any business plan.
What are your sustainable competitive advantages? How will you capture and keep your market share?♟️
#SBIR proposals entail a lot of market research. You will need to outline who your competition is, why your product is better and use industry trends and market changes to forecast your addressable market. A few key areas of focus can go a long way to help make market research accurate and predictive.
Patent research can go a long way in discovering market fit and evaluating your competitors. Start your research today!
SAM or Serviceable Addressable Market is one of the key #commercialization terms to know BEFORE you apply for #SBIR. The reviewers will ask for market evaluations and financial forecasts, so be ready!💸
On August 13th 2020 the Department of Defense (DOD) Small Business and Technology Office announced the DSIP integration with Login.gov
Four quick tips and recommendations from us on how better prepare for #federal #funding such as #SBIR/#STTR. ☝