Applying for TABA funding is not a mandatory component of SBIR/STTR applications. However, BHGC strongly recommends seeking TABA funding and services because it provides funding to advance key commercialization and technical needs.

Absolutely not! This is a common misconception about TABA services. TABA funding is additional funding beyond the budget limit. If you are not using TABA funding for TABA services, you would not have access to that money at all. BHGC will help you apply for TABA funding and we also can be your TABA third-party service provider.

TABA services are not standardized across the industry, so you will need to research carefully. At BHGC, our TABA services include:

• Business plan with project integration

• Market research and analysis

• Competitive analysis

• Intellectual property analysis

• Cost-benefit analysis

• Regulatory and clinical strategy

• Customer, marketing, and reimbursement analysis

• Revenue model analysis

Yes. TABA funds must be paid to third-party service providers. Therefore, the company cannot use TABA funds to pay for consultants or employees in the company. When serving as a TABA provider, all expenses associated with BHGC are eligible for TABA funding.

TABA funding is available for both Phase I and Phase II projects. At BHGC, we will help you apply for Phase I TABA funding. After acquisition of TABA funding, BHGC can act as your TABA third-party service provider to identify and organize the information required for a Phase II commercialization plan. Therefore, when the company is done with their Phase I project’s research and development, we will be ready to write a compelling commercialization plan for your Phase II submission.  In addition, BHGC will provide a detailed report of our findings. This initial report will help you prepare a strong commercialization plan as part of Phase II funding. We will also help you apply for Phase II TABA funding.

Yes. Even if we did not help you write your Phase I application, we are more than happy to be your third-party service provider for TABA. We are confident that after working with us as your TABA provider, you will be excited to work with us for your Phase II submission.