#Fastlane equipment code#

Contractor-operated, federally funded research and development centers (FFRDCs), as identified by the National Science Foundation in accordance with the government-wide Federal Acquisition Regulation issued in accordance with section 35(c) (1) of the Office of Federal Procurement Policy Act (or any successor legislation thereto).Nonprofit research institutions as defined in section 4(5) of the Stevenson-Wydler Technology Innovation Act of 1980.Within the context of the SBIR/STTR program, research institutions include: ProposerДЄ proposer is a company or small business seeking SBIR/STTR funding. Unfortunately, NSF doesnвЂ™t allow co-PIs on SBIR proposals. Companies that wish to change their PIs must get approval from the appropriate program officer.

#Fastlane equipment code#

The Code of Federal Regulations, Title 42, Part 52, defines a Principal Investigator as вЂњthe single individual designated by the grantee in a grant application who is responsible for the scientific and technical direction of the project.вЂќ Many awardees like to think of Principal Investigator (PI) as a projectвЂ™s tech lead. The territories and possessions of the U.S.Phase I and Phase II awardees must perform all of their research in the United States, which includes: Place of performance is a term that describes where awardees conduct the work outlined in their proposals. Individual companies may choose capitalization thresholds of less than $5,000. Permanent equipmentД®quipment is defined as a piece of non-expendable, tangible personal property that has a useful life of more than one year and an acquisition cost of $5,000 or more per unit. Overlapping proposalsДЄn overlapping proposal is one that contains a description of work that overlaps (matches) the work described in another proposal. These people or concerns may combine their efforts, skills, property, money, or knowledge, but only on a temporary basis.ДЄ joint venture has the capability to control its own management, has its own Employer Identification Number as assigned by the Internal Revenue Service (IRS), and is eligible under the SBIR Program, provided that it qualifies as a small business concern as defined in this glossary. Joint ventureДЄ joint venture is an association of people or business concerns who, either by express or implied contract, are working together to execute a single business venture for joint profit. For Phase II awards, the expiration date is the last day of the award support period, which is usually 24 months long. Expiration dateДЇor Phase I awards, the expiration date is the last day of the six-month performance period. Equivalent proposalДЄn equivalent proposal is one that contains a description of work that completely overlaps (matches) the work described in another proposal. The effective date is different from the award date, which indicates when the award was made administratively and which appears in the upper right-hand corner of the award letter. Effective dateДЄn awardвЂ™s effective date, which appears in the body of the award letter, is the date on or after which proposed work is expected to begin. Development may include designing, developing, and improving prototypes and processes to meet specific requirements. Systematically applying knowledge to produce useful materials, devices, and systems or methods. As measured by the budget, the small business must perform at least 40 percent of the research, and the research institution must perform at least 30 percent.

In the context of the STTR program, cooperative R&D is that conducted jointly by a small business and a research institution. ConsultantДЄ person who contributes to a companyвЂ™s research (as described in their proposal) and who isnвЂ™t an employee of that company. We use the term to include government and non-government markets. The process of developing markets and producing and delivering products or services for sale (whether by the originating party or by others). For Phase II awards, the award support/performance period begins on the awardвЂ™s effective date and usually ends 24 months later.

Definitions Award support/performance periodДЇor Phase I awards, the award support/performance period is the six-month period that begins on the awardвЂ™s effective date (it ends exactly six months after the effective date).