Launch Tennessee Relaunches Phase 0/00 Program

Monday, November 25, 2013

Launch Tennessee on Monday announced the re-launch of a program to help Tennessee’s entrepreneurs obtain grant funding to facilitate bringing new technology to market. The Phase 0/00 Program is a competitive process to help small businesses apply for Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grant or contract funding. The program is funded in part by a FAST (Federal and State Technology) grant obtained by the Small Business Administration.

“Commercializing research is a great way to increase the number of high-growth startups in our state. The Phase 0/00 Program helps small businesses apply for and win grants that can help them turn their innovative work into a commercial success,” said Launch Tennessee CEO Charlie Brock.

SBIR and STTR are separate federal initiatives that provide research and development funding to qualified small businesses in order to stimulate innovation and development in high technology areas. Awards are based on small business qualifications, degree of innovation, technical merit and future market potential.

The Phase 0/00 Program helps applicants that are eligible for Phase I or II of the SBIR/STTR. Companies in Phase I can use grant funding to determine the commercial feasibility of their technology. Phase I awards normally do not exceed $150,000 total costs for six months. Phase II grants continue the R&D efforts of Phase I and normally do not exceed $1 million total costs for two years.

Launch Tennessee’s Phase 0 program pays for expert support services for Phase I proposals and Phase 00 provides the same support for Phase II or Fast Track proposals.  

“Our Phase 0/00 Program has already helped two companies win SBIR/STTR grants, and we’re working with several promising applicants now,” said Jim Stefansic, director of commercialization. “Our goal is to help Tennessee companies win these awards at a rate twice as high as the national average and to make sure Phase I winners become Phase II winners.”

Launch Tennessee is using Grow Emerging Companies, LLC, (GrowEC) to screen, select and support potential applicants for the Phase 0/00 Program. Mark Henry, a nationally known SBIR/STTR expert and consultant, and his team will provide this service based on their experience with approximately 2,000 SBIR/STTR proposals.

Deadlines for SBIR and STTR NIH grant submissions are April 5, Aug. 5 and Dec. 5. Other agencies have various dates throughout the year for both grant and contract solicitations.  For more information about the Phase 0/00 Program and to apply, please visit http://launchtn.org/connect/inventor/sbirsttr-funding/.

Launch Tennessee is a public-private partnership focused on supporting the development of high-growth companies in the state of Tennessee with the ultimate goal of fostering job creation and economic growth. Launch Tennessee focuses on four key areas: entrepreneurship, commercialization, capital and outreach. Launch Tennessee is in part funded by a grant from the State of Tennessee. 


CBL & Associates Declares Common Stock Dividend And Preferred Stock Dividend

CBL & Associates Properties, Inc. on Friday announced that its Board of Directors has declared a quarterly cash dividend for the company’s Common Stock of $0.265 per share for the quarter ending March 31. The dividend is payable on April 17 to shareholders of record as of March 30.  The Board also declared a quarterly cash dividend of $0.4609375 per depositary share ... (click for more)

Covenant Transport To Pay $30,000 To Settle EEOC Disability Discrimination Suit

Covenant Transport, Inc. will pay $30,000 and furnish other relief to settle a disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission, the federal agency announced Friday.   The EEOC’s suit had charged that Covenant discriminated against an applicant for a commercial truck driver position on the basis of his disability. Covenant conditionally ... (click for more)

City Police Officer Seriously Injured In Crash On Dodson Avenue

A Chattanooga Police officer was seriously injured in a crash on Dodson Avenue on Friday afternoon.   Police said the injuries to Sean Lynch, 38, are not life-threatening.   Police responded to a traffic crash at 1400 Dodson Ave.   The crash involved a silver Ford 350 van,  (Vehicle #1) a white Ford Crown Victoria police cruiser driven by Officer ... (click for more)

Lawsuit Charges That Georgia Law Firm Stole One Of The Woodmore Elementary Cases From Chattanooga Attorneys

A Circuit Court lawsuit charges that one of the Woodmore Elementary bus wreck cases was stolen from a Chattanooga law firm by Georgia attorneys just shortly after the Nov. 21 tragic crash that killed six students and injured others. It is illegal in Tennessee for attorneys to contact victims of a tragedy for 30 days after the incident. The lawsuit brought by Carl Lewis, father ... (click for more)

CVB Should Share Financials With The Home Folks

The recent debate over the Convention and Visitor's Bureau's funding and budget has gotten ugly. A Hamilton County commissioner has asked questions and made comments about the CVB. The director of the CVB has organized a campaign to dismiss the commissioner's questions and comments. The children on the playground are choosing sides and nothing useful seems to be happening. It's ... (click for more)

Roy Exum: The Haggling Must Stop

Far be it for me to suggest the Hamilton County Commission and the School Board need to spend more time at recess but it was obvious this week the two groups need to work at being better friends. We have nine county commissioners and just as many corresponding school board members to work together for the betterment of one entity – Hamilton County. Everybody who thinks that is happening ... (click for more)