Do you know your competitive advantage? If you plan on pitching to investors or applying for #federal #funding, you should. 🏧
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 are your sustainable competitive advantages? How will you capture and keep your market share?♟️
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!💸
When writing a #commercialization plan for #SBIR it helps to learn all you can about marketing and income forecasting methods. Learn about TAM, SAM, and TM and the role they all play in the market share you capture.
There are a lot of things to consider before you apply for #SBIR. Your #commercialization plan can set you apart from your competition, especially if you take into account the importance of your market size and industry trends.📊