The Commercialization Accelerator Program (CAP) assists small companies with getting their SBIR/STTR-developed technologies more rapidly into the marketplace. It provides assistance with developing and implementing an appropriate business strategy aimed at commercializing the products or services that have resulted from HHS-supported SBIR/STTR awards.
CAP can include distinctive tracks that offer customized assistance to meet the specific needs of both early stage and seasoned companies: 1) Commercialization Transition Track (CTT), 2) Advanced Commercialization Track (ACT), and 3) Regulatory Training track (RTT).
The CTT is suitable and relevant for the majority of HHS SBIR/STTR Phase II companies. In this track, participants will receive the tools to understand and put into practice the commercialization plans and activities critical to your company’s stage, level, and background. It also provides you with the opportunity to receive direct industry feedback in a live (in-person) session.
The ACT is suitable and relevant to companies that have some history of accomplishment in commercializing products and/or services, generating and maintaining revenue streams, or servicing a well-defined and steady customer base, and that have established partnerships. In this track, participants will focus on addressing a specific “gap” or applicable issue, which resolution is crucial for your continued progress and development. These issues may include (provided as examples only): Financial Issues and Valuation (financial modeling, budget analysis), Intellectual Property (license-focused IP strategy, refresh of patent portfolio), Market Strategy (related to a specific customer or opportunity), Marketing/Branding (marketing materials, branding/website), and Strategic Partnering (investor/go to market presentation, term sheet for investor/partnership).