hello welcome to the innovation and
opportunity virtual conference resource
library
my name is dr matt deans i am the nasa
sbir
and sttr programs post phase 2 work
stream lead
in this presentation i will be covering
our phase 2 extended or our phase 2e
option overview note that this
presentation is being recorded in
september of 2020.
this presentation is intended to be an
overview and an educational brief
for official policy official details of
the phase 2 extended option refer to our
website sbir.nasa.gov
the official details will be recorded
there on this mechanism
the mission of the sbir program is to
create opportunities through our awards
to leverage small business knowledge and
technology development
for maximum impact and contribution and
our vision
is to empower small businesses to
deliver technological innovation
that contributes to nasa missions
provides societal benefit
and grows the us economy in order to do
that we have a multiple
phased approach phase one phase two and
phase three
this presentation i will be covering one
of our post phase two opportunities
that continues from phase two and is
intended to support
infusion and commercialization leading
into phase 3.
we have multiple post phase 2
opportunities
in this resource library i will also
have a presentation covering the ccrpp
mechanism
and at the innovation and opportunity
conference we will discuss all of these
note that at future times we might have
other mechanisms that are created
and these may existing mechanisms may
change from year to year or at specific
times
again please refer to sbir.nasa.gov
for the latest policy and the final
details on each of these mechanisms at
the specific time of interest
so the purpose of all of our post phase
ii mechanisms
is to enable infusion and
commercialization
of our sbir and sttr developed
technologies
we want to transition these technologies
to users
and markets we want to continue to
mature these technologies
to further development levels and in
some cases we want to use our mechanisms
to accelerate technologies to a
near-term need
now to find those details i was talking
about and find more on our post phase ii
initiatives
here is a view of our current sbr and
sttr website
under about sbir and sttr please click
the post phase 2 initiatives
page button you can see the phase 2
extended option details
as well as our other mechanisms rules
and application requirements
if you are not small business but you
are a potential external investor
and you are interested in what awards we
have made that are phase twos that you
might be interested in
using the phase two e option on to
maximize your investments you can search
our past portfolio of awards
specifically you can use filters to fill
booths down to phase two awards
in that schedule and awards award search
section you can also find contact
information for forms
and abstract information and titles on
those specific awards
moving on directly to our phase ii
extended or phase 2e
option the objective is this is to
encourage the advancement of innovations
developed or
phase 2 technologies via an option to
further the research or research and
development efforts underway on
active phase 2 contracts so our phase
one leads into our phase two
and through that the innovation and
technology should advance
the phase two e is a contract option on
the phase two
to carry it further along and to further
development
so the benefit to small business firms
is continued development on their
technology and innovation
the benefit to investors to using this
mechanism
is that matching funding is provided by
the sbir sttr program
to continue innovative r&d so that you
may benefit down the
stream so how does the phase 2e work
so i've already alluded to this it
involves external investors
so the small business has to propose on
an existing phase 2 contract
and in order to propose you have to get
outside investor funds
these can be a nasa program another
government agency
an external investor or someone from the
private sector
and then we you will propose an
application that takes those
investor funds and matching funds from
the sbir and sttr program within certain
limits and put those in your proposal
now specifics so the phase 2e
is active to be proposed to on
phase 2 awards that came about from the
2016 solicitation onwards
these are active phase twos who receive
their phase one from our 2016
solicitation
at a minimum 25 000 is required
from non-sbir sttr external investor
funding
and our program will match up to 375
000 in one to one match
in the application a firm can have more
than 375
000 from external investors and we have
seen that before
but we will only match up to 375k
so the maximum cumulative sbir sttr
program money on the phase 2 which will
be the phase 2 base contract plus the
phase 3 match
can go up to 1.125 million dollars
plus that will be coupled with whatever
external investments you get which will
carry it further
you can apply for the phase 2e option
starting at the 12 month
mark of the phase 2 contract and it must
be in
prior to 60 days before the end of the
contract
most of our contracts are two years long
so this is from the 12th month mark to
about the
22nd month mark but you can see your
specific contract length in the
electronic handbook and your specific
dates there as well
because this is a contract option we
would then add funds to and extend
the duration of your phase to contract
we expect that the additional
period of performance would be
approximately 6 to 12 months depending
on your level investment and your scope
of work
so when and how to apply as i mentioned
existing phase 2 contract awardees only
that are within the 12th month to 60
days before the end of the contract and
date period
if you go into the electronic handbook
in your specific contract you can see
the exact dates that correspond to those
deadlines
and there's also a place where you can
get to a submission link in that
contract entry
our application guidelines and
requirements are on sbir.nasa.gov
under that post phase 2 initiatives page
you will
be required to submit an application
form letters of commitment from your
investor or investors again multiple
investors are allowed and you will need
a letter of commitment from each of them
you will need a statement of work and a
cost proposal corresponding to
the investments in additional work
proposed you will also be required to
submit a briefing chart and a
commercialization plan
again go to the ehb and in your contract
entry
under the phase 2 e/x tab there should
be a go to submission link
in the next few slides i will talk about
the restrictions on investments
and some questions and answers that
commonly come up again please see our
website for the official details the
official requirements and official
policy on any investment related
questions
this is just intended as initial high
level overview
so investments must be used to fund work
that directly extends the work done in
the phase two
this can be continued development
manufacturing
improvements additions to that
technology
but it must directly extend to the
technology and the work done in the
phase two
commitment must be made prior to the
awards that is commitment
of the investment must be made prior to
the award of the phase 2
e contract option we require a letter
of commitment from your investor or
investors in the application
but not yet the proof of funds at that
time i will discuss on a later slide
when the proof of funds must
occur we do need expenditure to be
concurrent
with the phase 2e period of performance
we are not looking for funds
that have already been given to your
firm for development that occurred prior
to your application
the intent is that these funds are in
parallel to our funds on the phase 2e
contract option
we will only match funds that have
transferred whole wholly
for the phase 2e period of performance
we will not accept incremental funding
where funding will come later we will
only match the full amount funded
prior to award federal agency investors
which includes nasa mission directorates
or programs or projects or other
government agencies
must pay for activities that further
development and or the commercialization
of this technology beyond the phase 2
work continued r&d
manufacturing etc non-federal agency
investors
must provide funding in return for such
items as equity a share of royalty
rights and technology percentage of
profit
or combinations of the above again see
our website for many more details on
this
and similarly funding associated with
the two-week shale further technology of
the original phase two contract
and needs to keep advancing that
technology
so the investment as i mentioned must
occur
so that it matches up with our
investment as well so that is intended
to support the phase two we
work and continues at the same time so
the investment must occur between the
submission date of the phase 2e proposal
up to 45 days after the company's
notification of selection without
constraints
so once you submit your application
there will be some time will be reviewed
and then we'll go into contracting they
will contact you
and you will have 45 days to show that
proof of investment the
proof of funds transfer that must be
without constraints and fully funded at
that time
you can have more than one investor on
your phase 2 application
as i mentioned you'll only match up to a
sum total of 375
k and we require a sum total minimum
however you can get multiple investors
to reach that upper maximum or go beyond
it
we are seeking non-sbir and sttr funds
however
you cannot hold up another nasa sbir
sttr
contract as third party funds as
investor funds
and the funds cannot come from any other
government agency's sbir or sttr program
it has to come from it can come from a
nasa program or it can come from another
government agency program but it can't
be an sbir or sttr program
likewise it can come from external
investors effectively we're looking for
outside validation third-party
validation and interest in the
technology
that's why it needs to come external to
any sbir or sttr funding source
one common question is that a small
business cannot contribute its own
internal funds as part of a phase 2e
investment
matching contributions must also be in
funds
this cannot be an in-kind contribution
regardless of source
a subcontractor will also not qualify as
an external investor
if you have specific questions on a
subcontractor and be
needed or a certain facility being good
please feel free to reach out to us
by our contact information on the
website but note that we will not match
investments that are
paid back to the same company we cannot
have an investor say i will give you
375k but you will subcontract me 375k of
the work we will not match that so a
subcontractor will not qualify and
a subcontractor's investment will not
qualify as that external investment for
the one-to-one match
purchases will also not be considered as
an investment
a purchase may only represent a
procurement need and not a desire to
further the technology
and this mechanism is intended to
continue to further technology
for specifics on sttrs the investments
must be made in the small business the
investment cannot be made in the
university partner
it is the expectation that the small
business can and likely will
subcontract some of those funds back to
the university and on our side
there is a required matching so that
investment can also be subcontracted
back to the university
however the original investment must go
to the small business
again for many more details on
information and restrictions on
investors
please see our website specifically
section 1.5
under the post phase 2 mechanisms in the
phase 2e
section this covers other
restrictions on families shareholders
affiliates et cetera there's a lengthy q&a
there are specific situations
if your situation your question is not
addressed please contact us
by the contact information on that
website
one other opportunity we wanted to make
you aware of
has to do with an outside investment as
well the nasa flight opportunities
project is interested in potentially
participating
as a post phase two investor this can be
a two year ccrpp application
specifically for the use of suborbital
flight testing to help advance the
development or the commercialization of
your technology
if this type of testing is appropriate
to your technology development
this is not an offer offered through the
sbir sttr program this is from another
nasa program
so please see their website the link is
listed here below that's the flight
opportunities program
and they have contact information there
so you can further discuss this
opportunity with them and answer
questions about what the applicable
funds can be used for
and if it is appropriate for the
mechanism you're looking to use
so once you have applied if you have
been selected this will then go into the
exercise and contract option mode
so if you are selected you will receive
a notice of intent to notify the
government's intent to exercise
the phase 2e option the small business
firm will receive this rather
small business firm must then show proof
of funds transferred from the investor
to the firm
within that 45-day period after
receiving notification
that we have selected your phase 2e
proposal
if you are not able to receive those
funds or the full funds within the 45
days
the option will expire if the nssc
contracting officer exercises the option
because this is ongoing phase two
contract and an option built into that
you will receive a modification on that
contract it will specifically identify
the option period of performance and the
new contract amount
if the investment is from a government
agency nasa or external to a nasa
those funds also need to be transferred
to the firm at that time
however nasa will not add government
funds
to our phase ii contract we will only
add sbir and sttr funds to our
contract
so there will need to be a separate
funding vehicle between
the government investor and the firm
because you already have the phase one
and a phase two to get to this point
this can be done directly via a phase 3
contract
again please contact us by the contact
information on the website if you would
like to learn more on the phase 3
mechanism and how to enact that with
your program or if you already have an
ongoing contract with the nasa project
program or other government agency
we can also use funds from that however
again this must be co-spent money
so this would need to be a modification
on that contract or if there's a new
task be enacted on that contract
but transfer these funds for this
express purpose it can be done that way
so you can use an
ongoing contract with a mod or a task or
it can be via a new phase three
with that again please visit our website
if you have any more questions
you can contact the help desk or the
other contact information listed on our
website
there's also contact information in the
electronic handbook if you are a small
business with access to electronic
handbook
additionally you can sign up for our
newsletter on our website so you can
receive
additional information on forthcoming
post phase 2 mechanisms
and please see our website for more
information on post phase 2 mechanisms
thank you for listening to this
presentation again this is being
recorded in september of 2020
this was intended as an educational
introduction and overview
please see the official language on our
website for the official details on the
application requirements and
restrictions