What is the “Fast-Track” mechanism and how does it work?
The “Fast-Track” mechanism (presently available in solicitations at IES) expedites the decision and award of SBIR Phase II funding for scientifically meritorious proposals that have a high potential for commercialization. Fast-Track incorporates a submission and review process in which both Phase I and Phase II proposals are submitted and reviewed together. The Phase I portion of a Fast-Track must specify clear, measurable goals (milestones) that should be achieved prior to initiating Phase II work. In addition, as is required for all Phase II proposals, the Phase II portion of the Fast-Track proposal must present a commercialization plan that addresses specific points. For more information on the Fast-Track mechanism, please contact Edward Metz.
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