LaunchTN’s Virtual Workshop: SBIR/STTR Accounting

Congratulations! Your company has received a Phase I SBIR/STTR award. Now what? RSVP here

In this webinar, we will cover the basics required to establish a sound accounting system in Phase I, along with some basic finance rules to follow as you complete your work and draw down funding from the awarding agency. We’ll also help prepare you for a Phase II award, where indirect rates can be negotiated and more stringent rules and an audit are the norm.

The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) program is a highly competitive federal program that encourages domestic small businesses to engage in research and development that has the potential for commercialization. Through a competitive awards-based program, SBIR/STTR enables small businesses to explore their technological potential and provides the incentive to profit from its commercialization.

This workshop is funded in part through a Cooperative Agreement with the U.S. Small Business Administration.

TAEBC wants your feedback, highlights resources for small businesses during COVID-19 pandemic

During this time of crisis, TAEBC is continuing to champion advanced energy as an economic development and job creation strategy for the state and provide businesses and entrepreneurs with the resources they need to weather this storm. 

To start, TAEBC wants your feedback about what the industry needs to remain solvent and thrive. What could your business use or need in a second round of federal stimulus? Please send your feedback to TAEBC here by email.

“Even in these challenging times, TAEBC continues to champion advanced energy as an economic development and job creation strategy for the state,” said Cortney Piper, Executive Director of TAEBC. “We are committed to our members and stakeholders in fostering the growth of Tennessee’s advanced energy technologies and startups.”

As one of TAEBC’s missions is to foster the growth of Tennessee’s advanced energy technologies and startups, we want to provide resources small businesses and entrepreneurs can use during this crisis. See the resources from Launch Tennessee (LaunchTN) and the U.S. Small Business Administration (SBA) below:

LaunchTN’s COVID-19 Updates, Resources and Tennessee Innovation Crowdsource Platform
LaunchTN has created a special webpage which includes guidance from health officials, updates from statewide network partners, resources to support small businesses and startups, webinars and other virtual learning opportunities, and other information as needed. Browse the list of resources here.

LaunchTN is also partnering with Governor Bill Lee’s COVID-19 Unified Command to invite proposed solutions to the critical challenges the state now faces. Companies, including entrepreneurs and startups, are encouraged to submit proposals via the Tennessee Innovation Crowdsource Platform, which will allow them to evaluate, perform due diligence and recommend selected solutions to state procurement specialists for fast-track treatment.

All innovators are invited to participate, regardless of whether they’re able to scale at the level needed right now. This long-term project will address immediate needs and continue to serve the state far into the future.

SBA Disaster Assistance
Tennessee small businesses are now eligible for disaster assistance from SBA. Businesses impacted by the COVID-19 pandemic may apply for up to $2 million in federal assistance to help overcome the temporary loss of revenue. To learn more about the application process and loan parameters, click here. To apply, follow this link.

The Small Business Owner’s Guide to the CARES Act
The programs and initiatives found in the Coronavirus Aid, Relief, and Economic Security (CARES) Act recently passed by Congress are intended to assist business owners with whatever needs they have right now. There are many new resources available for small businesses, as well as certain nonprofits and other employers. This guide provides information about the major programs and initiatives that are available from the SBA to address these needs, as well as some additional tax provisions that are outside the scope of SBA.

Download Today: Federal Financing Programs for Clean Energy

The Department of Energy has released a free resource guide to U.S. programs that support clean energy projects. The Federal Financing Programs for Clean Energy features ten agencies, including summaries and case studies, that can benefit private sector partners in finding capital for energy efficiency and clean energy projects.

Screen Shot 2016-07-06 at 10.37.23 PMFor every program listed, the guide identifies additional contact information to answer questions and provide additional direction.

Now in its third edition, the guide includes financing programs for both domestic and international projects. The guide includes programs from the U.S. Departments of Agriculture, Energy, Housing and Urban Development, State, Transportation and Treasury, along with the Environmental Protection Agency, Overseas Private Investment Corporation, and the Small Business Administration.

The programs listed within the guide are resources that can support clean energy deployment, and in turn lead to new investment, job creation, and additional benefits that can invigorate communities.

Business owners, homeowners, investors, policymakers, and others can use this guide as a “Yellow Pages” to federal programs. In some situations, the financing programs listed are specifically designed to support energy-related projects. In other cases, however, energy efficiency and clean energy are among many qualifying purposes for the particular financing program.

This guide is a companion to the Database for State Incentives for Renewable Energy and Energy Efficiency (DSIRE), which provides state-specific information on incentives and policies to support clean energy and energy efficiency in the United States. More information on DSIRE is available at http://www.dsireusa.org/.

Additional information is available through the U.S. Department of Energy and its Clean Energy Investment Center (CEIC). More information on the DOE financing programs and the CEIC is available at www.energy.gov/finance.

To download the guide, click here.