Cancellation Policy: Training dates are subject to change. If the attendance is less than five people, the training session will be cancelled no less than 72 hours before the training date.


Seed capital for early stage product development (Proposal Development Course)

The National Science Foundation (NSF) invests up to $1.5M in seed funding and they take 0% equity for novel, gaming changing, disruptive ideas with strong commercial potential. For 40 years, America’s Seed Fund powered by NSF has helped startups and small businesses transform their ideas into marketable products and services. NSF focus is on high-risk, high-impact technologies — those that show promise but whose success hasn’t yet been validated — and each year, they award $200 million in funding to entrepreneurs across the country. Their goals are to foster innovation and help create businesses and jobs in the United States, and companies seed funded by our program have since gone on to tremendous success. They are a congressionally mandated program — Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR).


Since 2012, America’s Seed Fund powered by NSF has made more than 2,500 awards to startups and small businesses. Since 2014, their awardees have had 87 exits and have received $6.5 billion in private investment.


In the course, we go beyond the standard presentation of federal research funding.  Riddled with actual case studies of companies that successfully applied and won funding are key to the discussion.   You will learn the requirements of preparing a competitive proposal for funding.  What is considered early stage technology?  How to plan your proposed effort?  What academic facilities, resources and capabilities are necessary for a competitive proposal?  What are the funding requirements?  Is the NSF SBIR/STTR Program a viable source of funding for your business or project? 


Presenter and Mentor:  Ms. Pat Dillon has more than 25 years of knowledge and experience in the SBIR/STTR Programs having worked with hundreds of innovators and entrepreneurs navigate through the federal research arena to win millions of dollars in research funding; funding that allows the firms to de-risk a technology into a product or service that ultimately supports jobs, intellectual property, revenues, strategic partnerships and wealth creation. 


Date: March 19, 2019
Time: 1– 5 pm
Location: Fueled Collective, The Parlour Room
Parking: Gateway Ramp ($6 voucher)
Fee:  FREE




Funding provided by the Small Business Administration and the MN Department of Employment and Economic Development



Pat Dillon_USE

                Pat Dillon
Director, Program Assistance

Ms. Pat Dillon is the director of MN-SBIR that helps seed, early stage, emerging and existing firms to successfully access non-dilutive funding through the federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs.

Since 1994, Dillon has been working with innovators and entrepreneurs in their quest for federal funding of technological innovations with commercial potential. Dillon is actively involved in national and state initiatives to support innovation and entrepreneurship in the private sector, the University of Minnesota, Mayo Clinic, and many other institutions. Dillon is a 1999 recipient of the prestigious Small Business Administration Tibbetts Award and a 2001 recipient of the City Business’ 25 Most Innovative Woman Award (now the Minneapolis/St. Paul Business Journal). 

Dillon is a retired United States Navy Reserve Commander with 40 years of service (active and reserve). Dillon is a combat veteran having served 10 months in Kabul, Afghanistan in support of Operation Enduring Freedom. Dillon earned a MBA and BS in Business Administration from Winona State University, Winona, MN.

  • When

  • Tuesday, March 19, 2019
    1:00 PM - 9:00 PM
    Central Time

  • Where

  • Fueled Collective
    400 S 4th St, Suite 401
    The Parlour
    Minneapolis, Minnesota 55415

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