Small Business Resource Guide - West Virginia Department of ...
Small Business Resource Guide - West Virginia Department of ...
Small Business Resource Guide - West Virginia Department of ...
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Government Procurement<br />
Assistance Centers<br />
Regional Contracting Assistance<br />
Centers (RCAC) <strong>of</strong>fer a variety <strong>of</strong><br />
services and programs to assist small<br />
businesses not familiar with government<br />
purchasing procedures and processes,<br />
including a bid network, computerized<br />
information exchange and research,<br />
electronic mail, technical assistance<br />
and help with obtaining and completing<br />
government contracts. For more<br />
information on the <strong>West</strong> <strong>Virginia</strong> RCAC,<br />
contact the following:<br />
Regional Contracting Assistance Center<br />
(RCAC)<br />
1116 Smith St., Ste. 202<br />
Charleston, WV 25301<br />
304-344-2546 • 304-344-2574 Fax<br />
www.rcacwv.com<br />
Jessica Hudson, President<br />
lynne7@rcacwv.com<br />
Kendra Marker, Marketing Assist. Spec.<br />
kmarker@rcacwv.com<br />
Sommer Straight, Marketing Asst. Spec.<br />
sstraight@rcacwv.com<br />
RCAC - Eastern Panhandle<br />
Kelly Cortright, Marketing Representative<br />
304-596-9315<br />
kcortright@rcacwv.com<br />
RCAC – Northern Panhandle<br />
Dave Berkey, Marketing Assist. Spec.<br />
304-333-6823<br />
dberkey@frontier.net<br />
RCAC – Southeastern WV<br />
Donna George, Director <strong>of</strong> Marketing<br />
304-425-9438 ext. 130<br />
starrling@frontier.net<br />
RCAC – Southern WV Community &<br />
Technical College<br />
Jackie Whitley, Marketing Assist. Spec.<br />
304-896-7440<br />
jackiew@southern.wvnet.edu<br />
SMALL BUSINESS<br />
INNOVATION RESEARCH<br />
PROGRAM<br />
The <strong>Small</strong> <strong>Business</strong> Innovation<br />
Research (SBIR) program encourages<br />
small businesses to advance their<br />
technical potential from funds<br />
committed by federal agencies with<br />
large extramural research and<br />
development budgets. The SBIR<br />
program serves to fund the critical<br />
startup and development stages<br />
for a technology and encourages<br />
commercialization <strong>of</strong> the technology,<br />
product or service. In turn, this<br />
stimulates the U.S. economy.<br />
SBIR Requirements<br />
<strong>Small</strong> businesses must meet<br />
the following eligibility criteria to<br />
participate in the SBIR program.<br />
• Be 51 percent owned and controlled by<br />
one or more individuals who are U.S.<br />
citizens or permanent resident aliens<br />
in the U.S. or be a for-pr<strong>of</strong>it business<br />
concern that is at least 51 percent<br />
owned and controlled by another<br />
for-pr<strong>of</strong>it business concern that is at<br />
least 51 percent owned and controlled<br />
by one or more individuals who are<br />
citizens <strong>of</strong>, or permanent resident<br />
aliens in, the U.S.<br />
• Be for-pr<strong>of</strong>it.<br />
• Principal researcher must be employed<br />
by the small business.<br />
• Company size cannot exceed 500<br />
employees.<br />
For more information on the SBIR<br />
program visit www.sba.gov/sbir.<br />
Participating Agencies<br />
Each year, the following eleven<br />
federal departments and agencies are<br />
required to reserve 2.5 percent <strong>of</strong> their<br />
extramural R&D funds for award to<br />
small businesses through the SBIR<br />
program: <strong>Department</strong>s <strong>of</strong> Agriculture;<br />
Commerce; Defense; Education;<br />
Energy; Health and Human Services;<br />
Homeland Security; Transportation;<br />
Environmental Protection Agency;<br />
National Aeronautics and Space<br />
Administration; and National Science<br />
Foundation.<br />
SMALL BUSINESS<br />
TECHNOLOGY TRANSFER<br />
PROGRAM<br />
The <strong>Small</strong> <strong>Business</strong> Technology<br />
Transfer (STTR) program reserves<br />
a specific percentage <strong>of</strong> federal R&D<br />
funding for award to small business and<br />
non-pr<strong>of</strong>it research institution partners.<br />
Central to the program is expansion<br />
<strong>of</strong> public/private sector partnerships<br />
to include joint venture opportunities<br />
for small business and the nation’s<br />
premier nonpr<strong>of</strong>it research institutions.<br />
<strong>Small</strong> business has long been where<br />
innovation and innovators thrive, but<br />
the risk and expense <strong>of</strong> conducting<br />
serious R&D efforts can be beyond<br />
the means <strong>of</strong> many small businesses.<br />
Non-pr<strong>of</strong>it research laboratories<br />
are also instrumental in developing<br />
high-tech innovations, but frequently<br />
innovation is confined to the theoretical.<br />
STTR combines the strengths <strong>of</strong> both<br />
entities by introducing entrepreneurial<br />
skills to high-tech research efforts.<br />
The technologies and products are<br />
transferred from the laboratory to the<br />
marketplace. The small business pr<strong>of</strong>its<br />
from the commercialization, which, in<br />
turn, stimulates the U.S. economy.<br />
STTR Requirements<br />
<strong>Small</strong> businesses must meet<br />
the following eligibility criteria to<br />
participate in the STTR program.<br />
• Be 51 percent owned and controlled by<br />
one or more individuals who are U.S.<br />
citizens or permanent resident aliens<br />
in the U.S.<br />
• Be for-pr<strong>of</strong>it.<br />
• Principal researcher need not be<br />
employed by the small business.<br />
• Company size cannot exceed 500<br />
employees. (No size limit for nonpr<strong>of</strong>it<br />
research institution).<br />
The nonpr<strong>of</strong>it research institution<br />
partner must also meet certain<br />
eligibility criteria:<br />
• Be located in the United States and be<br />
one <strong>of</strong> the following:<br />
• Nonpr<strong>of</strong>it college or university.<br />
• Domestic nonpr<strong>of</strong>it research<br />
organization.<br />
• Federally funded R&D center.<br />
Participating Agencies<br />
Each year the following five Federal<br />
departments and agencies are required<br />
by STTR to reserve 0.3 percent <strong>of</strong> their<br />
extramural R&D funds for award to<br />
small business/nonpr<strong>of</strong>it research<br />
institution partnerships: <strong>Department</strong><br />
<strong>of</strong> Defense; <strong>Department</strong> <strong>of</strong> Energy;<br />
<strong>Department</strong> <strong>of</strong> Health and Human<br />
Services; National Aeronautics and<br />
Space Administration; and National<br />
Science Foundation.<br />
SURETY BOND<br />
GUARANTEE PROGRAM<br />
The Surety Bond Guarantee program<br />
is a public-private partnership between<br />
the federal government and surety<br />
companies to provide small businesses<br />
with the bonding assistance necessary<br />
for them to compete for public and<br />
private contracting and subcontracting<br />
opportunities. The guarantee provides<br />
all incentive for sureties to bond small<br />
businesses that would otherwise be<br />
unable to obtain bonding. The program<br />
is aimed at small businesses that lack<br />
the working capital or performance<br />
track record necessary to secure<br />
bonding on a reasonable basis through<br />
regular commercial channels.<br />
Through this program, the SBA<br />
guarantees bid, payment, performance<br />
and ancillary bonds issued by surety<br />
companies for individual contracts and<br />
CAPITAL<br />
Visit us online: www.sba.gov/wv <strong>West</strong> <strong>Virginia</strong> <strong>Small</strong> <strong>Business</strong> <strong>Resource</strong> — 29