Equipment should be budgeted consistently with the proposing organization's capitalization policy. The Phase II proposal requires a report describing the technical accomplishments of the SBIR/STTR Phase I award and how these results support the underlying commercial opportunity. The main purpose of these programs is to stimulate technological innovation and increase private sector commercialization. Note: NSF does not fund Independent Research and Development (IR&D) as part of an indirect cost rate under its awards. Budget revisions may be requested by the NSF Program Director. The PI for the Phase II project does not need to be the same person who served as PI for the associated Phase I award. (See budget guidance for Subawards.) Discuss the availability of equipment, instrumentation, and facilities required for the Phase II project. Each non-zero line item should be described in the Budget Justification, but several sections also require more specific information as detailed below. Will NSF support serve as a catalyst to improve substantially the technical and commercial impact of the underlying commercial endeavor? (These classifications can be used in subaward budgets to colleges and universities.) DO's and DON'Ts of NSF STTR Phase II Proposal Submission: For more detailed help in preparing and submitting a proposal via the NSF FastLane system, please see the SBIR/STTR FastLane Submission Guide on the SBIR/STTR website. NSF values the advancement of scientific knowledge and activities that contribute to achievement of societally relevant outcomes. The FastLane Help Desk answers general technical questions related to the use of the FastLane system. While success rates vary year-to-year, only a fraction of proposals submitted are selected for an award. Proposing small businesses in this category will be given 10 calendar days to provide the underlying supporting documentation for their budget. The consulting daily rate represents the total labor compensation for an 8-hour period and may not exceed $1,000 per day. quotes, invoices, links to online price lists, past purchase orders, etc.) The information on proposal forms will be used in connection with the selection of qualified proposals; and project reports submitted by awardees will be used for program evaluation and reporting within the Executive Branch and to Congress. Cooperative Research Agreement (required for STTR proposals). Both the SBIR and STTR programs are divided into three phases listed below. The proposing organization should review and understand the CAP documentation requirements as it prepares its budget. The Small Business Act (the Act) requires that the SBA issue a policy directive … Phase I is the concept phase. Websites containing demonstrations, etc., may be cited in the proposal, but reviewers are not required to access them. How well qualified is the individual, team, or organization to conduct the proposed activities? PIs are required to use NSF's electronic project-reporting system, available through Research.gov, for preparation and submission of annual and final project reports. At their option, proposers can include suggested reviewers for their proposal (or the identities of reviewers that they prefer NOT be used) in the "List of Suggested Reviewers" module. Note: Should the proposing small business's proposal be considered for funding after it is competitively reviewed, the NSF Program Director will refer them to the Cost Analysis and Pre-Award Review (CAP) Web Site for Phase II Reviews. Phase 2 contract for about one-fourth of Federal support to academic institutions for basic.. Begins on the Plan should be covered in a well-developed commercialization Plan that must be for! Are under consideration, state: NONE your Phase I award start date 's information and Revision Notes section. 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