Cost Savings

BioMedSA members with successful grant experience have volunteered to review SBIR proposals in order to increase the win rate for our community. The volunteers will have signed a confidentiality agreement prior to the review, but entrepreneurs are encouraged to redact any confidential information. Companies will need to plan for the anticipated review process times as shown below, although reviews may be faster.

Step 1 (2 weeks): Interested startups can apply for the review by submitting an attachment (2 pages max.) with the following to info@biomedsa.org with SBIR REVIEW in the subject line: proposal summary, name of funding agency/opportunity, list of executive team and their experience/qualifications, and IP status/trade secret plan. For proposals that have been rejected, please also attach the reviewer comments. The volunteer reviewers will spend up to an hour reviewing the attachment and respond with strengths, weaknesses, and suggestions. Proposals that are accepted for review may proceed to Step 2. Others will be recommended to attend an SBIR preparation course.

Step 2 (2 weekends): For new proposals only (without agency review comments), companies will submit an outline/bullets for the proposal sections and 2-3 volunteers will spend an hour making comments in the document.

Step 3 (2 weekends): Companies will submit their fully written proposals, budgets, and the review form from the funding agency (or a document with the review criteria). A different set of 2-3 volunteers will spend up to 3 hours reviewing the proposal and budget.