The commercialization of your innovation, based on a need within a government agency or the commercial world, is the ultimate purpose for the SBIR and STTR program. This topic ranks third in the Department of Defense’s (DoD) evaluation process.
JHEverson Consulting will help determine a path from your laboratory to a military program or the private sector. Your proposal must offer a sound business plan. To select SBIR and STTR programs for Phase III support, the DoD employs venture capital bankers to screen those with the best commercialization potential.
This commercialization roadmap task will determine the need, timing, and market size for your innovation within agency programs; explain how this particular SBIR and STTR topic supports your strategic goals; and determine your competitive advantage.
(Figure: Adapted from “Beyond SBIR Phase II“)