TABA Assistance • SBIR/STTR
Choose Fuentek As Your TABA Vendor
What Is TABA?
TABA stands for Technical and Business Assistance. It was set up as a SBIR/STTR option to help companies shape their commercialization roadmap while staying focused on their R&D, particularly during the tight six-month timeframe of a Phase I project. Implementation across agencies of this relatively new program varies greatly.
The TABA program provides SBIR/STTR awardees with supplemental funding—separate from the R&D budget—to have a qualified vendor such as Fuentek provide market data, strategic insights, and other business services to enhance the commercialization potential of the technology being developed. TABA funding amounts are up to $6,500 in Phase I and $50,000 in Phase II.
The costs for TABA services are separate from the R&D budget in SBIR/STTR proposals. Requesting TABA has no bearing on the proposal selection process; TABA requests are reviewed after the proposals are selected based on technical merit.
In summary, requesting TABA funding does not have a negative impact on your SBIR/STTR proposal or your technology development plans. In fact, it offers significant benefits to you.
Why Should I Request TABA Funding in My Phase I Proposal?
The TABA deliverables Fuentek will provide during Phase I can be used by your firm when applying for Phase II funding:
- Commercialization & Business Plan: This document will help an agency evaluate your firm’s ability to commercialize the innovation and to provide a level of confidence regarding the firm’s future and financial viability, thus informing Phase II award decisions. With Phase I TABA funding, you can have Fuentek prepare a strong plan to include in your Phase II proposal, greatly strengthening the commercial aspects of your proposal.
- TABA Needs Assessment: This report will identify the types and costs of additional TABA services you will receive follow-on funding for if selected for a Phase II SBIR/STTR award. Again, Fuentek can help you develop a strategy that will increase your chances of securing TABA funding in Phase II.
IMPORTANT: Requests for TABA funding must be part of the Phase I and Phase II proposals. TABA funding is not available after the fact.
Why Should I Specify Fuentek as My Firm’s TABA Vendor?
Your TABA request must specify the vendor you plan to use. And Fuentek’s Phase I TABA services—which provide you with valuable commercialization insights—will put your company in a better position to successfully secure Phase II funding.
Fuentek has more than 20 years of experience helping clients achieve their commercialization goals:
- We Have a Strong Team: Fuentek has a highly experienced, well-trained, longtime team of analysts with expertise in a wide range of technical and business areas. So, our insights will be relevant and specific to your business and your technology.
- We Provide High-Quality Insights: Our market research goes beyond the basic data dump, instead providing a forward-looking analysis that helps you build a strategy for success by meeting a valid market need. Our analysts will help you understand the competition, your customers, and where your technology fits in the value chain.
- We Understand Small High-Tech Businesses: We are highly experienced with the Business Canvas, Lean Startup, and other tools for planning and achieving success for a technology-based business.
Fuentek’s TABA services will give you the relevant and actionable information you need to strengthen your applications for future Phase II and Phase III funding. More importantly, they will give you an effective strategy for moving your R&D into commercialization in both federal and non-federal markets.
How Do I Get Started?
Contact Fuentek today for a letter of intent and everything else you need to request TABA funding in your Phase I proposal. Just send us the following information:
- The SBIR/STTR phase for which you are applying
- The title of your proposal and a sentence about the outcome you hope to achieve with the SBIR/STTR award
- Your company’s name, mailing address, and phone number
- The name, job title, and contact information for the project’s principal investigator
- Your company’s website (if available)
It’s easy. It’s quick. And there is no risk to you.
Questions? Contact us today!