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Innovation


  • Submitted on 21 July 2015

    Created on July 21, 2015
     

    MBDA High TechInnovation. When most people hear or use this term, they are referring to new, cutting edge technology and products. However, innovation means much more than that. Operational innovation involves creating entirely new ways of filling orders, developing products, providing customer service, or doing any other activity that an enterprise performs.

    David Brier, a brand identity expert, explains the single difference between the innovator and the ordinary person as: The innovator sees the dots and connects them while ordinary people either 1) don’t see them, or 2) don’t explore, question, or connect any of them.

    The Atlanta MBDA Business Center connected the dots when they recognized the potential for substantial growth among minority-owned information technology firms in relation to the growing demand for healthcare IT services. A successful partnership with the Healthcare Supplier Diversity Alliance enabled the Center to transition 77 minority-owned businesses into the rapidly growing healthcare industry in fiscal year 2014.

    The Minneapolis MBDA Business Center connected the dots by realizing that baby boomer business owners are retiring and selling their companies. They also realized that acquiring these businesses is a perfect opportunity for minority-owned firms to increase revenue, expand operations, and create jobs.

  • Submitted on 30 June 2015

    Created on June 30, 2015
     

    Patenting and Innovative Startups:  Putting the America Invents Act in a Broader  Economic ContextThe Office of Advocacy, an independent office within the U.S. Small Business Administration, released an Issue Brief entitled “Patenting and Innovative Startups: Putting the America Invents Act (AIA) in a Broader Economic Context.” The issue brief summarizes some of the potential small business outcomes of the AIA and contextualizes those outcomes for innovative startups. This issue brief finds that policy changes that affect patenting could affect innovative startups as they may heavily utilize patents to raise funds to continue to innovate.

    The importance of patents to the economy

    Patents are at the crux of innovation in the economy. Patents provide a framework by which innovative research can take place and new technologies can be disseminated. In particular, patents provide a clear economic incentive to undertake innovative research that has the potential to substantially grow startups.1 Patents protect researchers and investors with clear determinations of intellectual property rights while also providing a vehicle with which to share newly developed technologies without a fear of losing ownership of intellectual property.2

  • Submitted on 22 June 2015

    Created on June 22, 2015
     

    SBIR Road TourThe SBIR Road Tour is coming to a city near you! This is a national outreach effort to convey the non-dilutive technology funding opportunity provided through the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. Over the course of this year individual program managers from the 11 participating agencies representing $2.5 billion in early stage funding will embark on a 20 state road tour, participating in a series of events alongside technology entrepreneurs and innovation supporters from across the United States.

    If you’re an innovator, entrepreneur, researcher, or small technology firm,; don’t miss this opportunity. Every SBIR Road Tour stop provides an in-depth understanding of agency technology funding priorities, and one-on-one meetings with high level decision makers.

  • Submitted on 09 June 2015

    Created on June 9, 2015
     

    This post originally appeared on the SBA.gov

    2015 SBIR/STTR National Conference

    The 2015 SBIR/STTR National Conference is just around the corner – June 15 to 17 at the Gaylord Conference Center just outside of Washington, DC.

    Don’t miss the opportunity to interact with government SBIR/STTR program managers and staff, industry leaders, and veteran SBIR/STTR awardees. You’ll learn how to access SBIR/STTR, build partnerships, and create successful commercialization strategies. Opportunities include roundtable discussions, 1-on-1 meetings, and conference sessions. Click here to register for the conference.

    To prime attendees for the event, we are releasing a series of blogs to provide more in-depth information on some of the panel sessions. This edition features a session on growing and empowering novel STE(A)M innovation pipelines.

  • Submitted on 11 May 2015

    Created on May 11, 2015
     

    SBIR/STTR WebsiteThe Administrator of the U.S. Small Business Administration (SBA), Maria Contreras-Sweet announced during National Small Business Week 2015 that the SBA is crowdsourcing the official logo for the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs, “America’s Seed Fund” and has made major improvements to the www.sbir.gov website. 

    The SBA oversees the SBIR and the STTR programs, America’s largest seed fund for small businesses in the STEM fields.  These programs allocate $2.5 billion a year to small innovators. By reserving a specific percentage of federal R&D funds for smaller firms, this encourages domestic small businesses to engage in high-growth priorities and build a strong national economy.

  • Submitted on 14 April 2015

    Created on March 15, 2015
     

    Going Global with Intellectual PropertyAre you planning to expand your business internationally to sell or buy innovative goods and technologies? Are you pondering opening a factory abroad, having your products made overseas, or starting an export or import business? Even if you are not planning on going overseas, knowledge of the international aspects of intellectual property may be critical for your business. 

    The Minority Business Development Agency (MBDA) and the United States Patent and Trademark Office (USPTO) will co-host a series of free 1-hour webinars starting on April 28 to provide business owners with useful information on the international aspects of intellectual property and conducting commerce at home. Mark your calendars and register for this 3-part series offering keen insight about complex international laws.

    Register today!

  • Submitted on 30 March 2015

    Created on March 30, 2015

     

    When you think of business and investment opportunities in the United States, where’s the best place to start?  America is made up of 50 states plus territories and each location has its own unique economic profile. The U.S. Cluster Mapping Tool, a combined effort of the Harvard Business School and the U.S. Economic Development Administration, is THE starting place for anyone looking to expand their business in the U.S. The free, online Cluster Mapping tool uses more than 50 million data records to help you identify industry regional clusters and make informed investment decisions.

  • Submitted on 20 March 2015

    Created on March 20, 2015
     

    National SBIR/STTR ConferenceAttention technology entrepreneurs!!!

    The Spring National SBIR/STTR Conference will take place June 15-17, 2015 at the Gaylord Hotel and Convention Center at Washington DC National Harbor.

    At this conference, attendees learn from and network with SBIR/STTR leaders and program experts on how to participate and compete for funding in the government's SBIR/STTR programs, with a focus on commercializing technological innovations.

  • Submitted on 20 March 2015

    Created on March 20, 2015
     

    SBIR Road TourThe SBIR Road Tour is a national outreach effort to convey the non-dilutive technology funding opportunity provided through the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. Over the course of this year individual program managers from the 11 participating agencies representing $2.5 billion in early stage funding will embark on a 20 state road tour, participating in a series of events alongside technology entrepreneurs and innovation supporters from across the United States.

    If you’re an innovator, entrepreneur, researcher, or small technology firm, don’t miss this opportunity. Every SBIR Road Tour stop provides an in-depth understanding of agency technology funding priorities, and one-on-one meetings with high level decision makers.

    Register TODAY!
    South East Tour – March 24 – 27, 2015

  • Submitted on 03 March 2015

    Created on March 3, 2015
     

    Summit Comment on Small Business Mentor Protege Program;The U.S. Small Business Administration (SBA) recently published a proposed rule to amend its regulations to establish a government-wide Mentor-Protégé Program for all small businesses as directed by the Small Business Jobs Act of 2010 and the National Defense Authorization Act of 2013 (NDAA). As directed by the statute, the proposed small business mentor-protégé program is modeled on SBA’s existing 8(a) Business Development mentor-protégé program.

    The expansion of the program will increase opportunities for small businesses to enter the federal marketplace as well as to pursue larger and more complex requirements. The mentor protégé program is designed to pair up nascent firms that are facing potential development gaps with larger, more experienced firms that can assist in filling those gaps.

    Mentors typically provide support in areas such as managerial experience, past performance qualifications, project implementation know-how and the ability to manage larger and complex contracts.

 

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