If you are a phase 1 grant or contract recipient and are concerned that you may not have an “acceptable accounting system” when it comes time for your phase 2 award – worry no more. Stop procrastinating – if you’re not completely satisfied, we’ll refund you money! Click here to obtain the Phase 1 Survival Kit

Learn to Avoid the Common Mistakes made on the Cost Portion of Grant Proposals Too often, small businesses spend hundreds of hours on the technical section of their SBIR/grant proposal while ignoring critical aspects of the cost portion. Researchers typically give only passing consideration to indirect cost recovery through the grant process. Consequently, research is [...]

We see most new small grantees accept the minimum indirect rate on their Phase II award because who in their right mind WANTS to be audited?

By requesting a 40% F&A rate from NIH you may be leaving money on the table. When proposing grant funding, NIH mandates that you use no more than a 40% F&A rate on your phase 1 SBIR application unless you have an established indirect rate agreement with a government agency. They chide “NIH will not [...]

If you are new to the SBIR program and would like a better understanding of the financial rules and regulations of the program, click on the link below and immediately obtain our 4 page synopsis – written for the layman! Download the whitepaper.