Constructive Interference Solutions takes its name from the physics definition where two or more waves with identical period interact and reinforce each other resulting in a single wave with a sum of the amplitudes of the individual waves. In our case three individual components, education, SBIR/STTR, and small business entrepreneurship, are interacting together to produce a novel reinforced new business outcome.
We provide a service for small businesses and business startups that are looking to utilize funding from Small Business Innovation Research/Small Business Technology Transfer (SBIR/STTR) grants as a source for revenue and product innovation. SBIR/STTR’s are awarded by various federal government agencies to small businesses to conduct research and development on projects that fill the federal agency’s needs and have potential for commercialization.
We work with these small businesses to evaluate SBIR/STTR Requests For Proposals (RFP’s) that are appropriate to their business operation and then match them with community and technical college
s that can provide facility and people services in support of the project. Initially, these colleges will currently have National Science Foundation (NSF) sponsored Advanced Technology Education (ATE) programs but as this concept expands other community college programs will be evaluated. Our services to the small business will include advising them with SBIR/STTR submission process, negotiating with the community and technical college s using a Contract Research Organization (CRO) model, assisting in the monthly and project end reporting process, and providing consulting advice on compliance issues.
Benefits to the small business
- Expanding product development and new markets
- Obtaining SBIR/STTR consulting and grant writing expertise
- Access to non-dilutive capital (SBIR/STTR)
- Reducing costs by outsourcing project requirements to lower cost CRO’s who utilize community college faculty, equipment, and student interns
Benefits to the community college
- Providing real world projects for student training
- Additional revenue (from CRO’s)
- Increased utilization of equipment and laboratory resources
- Stronger collaborations with local and national businesses
- Entrepreneurial curriculum development
- Develop a pathway to business entrepreneurship/ownership for students and faculty
Benefits to the SBIR system and United States
- Introduction of under represented students to early stage business
- New career pathways for community and technical college students
- Increased diversity for technology based businesses