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ITD Program Information
- What is the goal of this program?
The goal of the ITD program is to fund innovative, commercially promising academic technologies that will create an economic impact in New York State. Applications which ignore this goal will not be funded, regardless of how wonderful the science is.
- Who funds the ITD program?
The Center for Biotechnology funds the ITD program through the support of the New York State Foundation for Science, Technology and Innovation (NYSTAR) and matching funds from a New York State company.
- Can a company apply independent of a partnership
with a New York State (NYS) faculty?
New York State faculty can be Principal Investigators of an ITD award proposal however most of our applications are from faculty at Stony Brook University. Applications must include a commitment for match-funded by a NYS company. This is in keeping with the principal goal of the ITD program of bridging the academic and industry community, as well as a requirement of our funding agency, NYSTAR. This partnership is a $ for $ match with the ITD funding basis.
- Can a NYS faculty partner with a company outside
of NYS?
No, the ITD Program will only consider industry matches made by NYS companies, or companies with the matching entity being in NYS. Headquarters in NYS generally defines a company as NYS.
- Is the ITD program like a federal SBIR/STTR Grant?
In many ways it is, including a format that is similar to an SBIR/STTR proposal. It is our hope that many ITD proposals which receive funding will later target the SBIR/STTR mechanism to fund later stages of development work. A renewal application that demonstrates an SBIR/STTR has been submitted is looked upon favorably.
- Is the ITD a reasonable means of generating pilot
data for an NIH application?
The ITD is not a research proposal. It is a vehicle for developing technology. It is not a mechanism for trying a new research idea. It is not a mechanism for stop-gap funding when a basic research grant renewal has not been approved. It is not a mechanism for getting a new faculty member started on a basic research project.
- How do I apply?
Application forms are available on the Center for Biotechnology's web site.
- When is the application deadline?
The deadline is 4PM, the first Friday in Feb of 2008. In regard to cases where a technology is on a fast-track for development or commercialization, we have made it possible to apply "out of cycle". However you MUST contact a senior staff member at the Center for Biotechnology to receive prior permission to submit "out of cycle". Please call 631-632-8443 or email Anil Dhundale.
- What do I do if I miss the deadline?
The application deadline is strictly enforced. If you feel that there are extenuating circumstances in your case, please contact The Center for Biotechnology at 631-632-8521.
Review Process
- How are ITD applications reviewed?
Each application is reviewed by three members of The Center for Biotechnology's Scientific Advisory Panel, which is comprised of academic and industry scientists. Each proposal is ranked, from 1 (outstanding) to 5 (fair), in three specific categories: scientific quality, potential for commercialization and generation of intellectual property. For a proposal to receive funding, it has to excel in each of these categories.
- What criteria are important in an ITD application?
Three principal criteria are considered during the review process. Strong, creative science is essential. Market potential is also necessary. Intellectual property can be already filed as an invention disclosure, patent application or envisioned from the ITD process. Intellectual property is an important aspect of creating a company or licensing a technology.
- How important is commercialization?
Extremely important. Wonderful science that fails to address the commercialization or economic impact will not be considered in a strong light. The long term goal is job creation and economic impact in NYS.
Use of ITD Funds
- Can I fund faculty salary on the application?
No state funded (e.g.- tenure or tenure-track) salaries can be supplemented by the ITD. However, for Research Professors, or those on an Academic Year salary, up to a TOTAL of $6000 per faculty member can be budgeted.
- Can I use ITD funds to buy equipment?
Funds through the ITD process are limited, and resources meant primarily for technology development rather than for purchasing equipment. If the equipment is absolutely essential to the work, then it will be considered.
Award Renewals
- How are renewals viewed?
A clear return on investment must be demonstrated. It must be clear that new intellectual property will be generated, or that the investigators are on the verge of demonstrating feasibility. Please also remember that, if you have been funded previously, the reviewers look very closely at the performance (e.g., intellectual property generation) of the prior ITD.
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