Acting Under Secretary of Defense for Research and Engineering Mr. Michael J. Kratsios is keynote speaker at DOD’s SBIR/STTR Virtual Symposium.
The Office of the Under Secretary of Defense for Research and Engineering (OUSD (R&E)) announced the line-up of speakers for the inaugural Department of Defense Small Business Innovation Research (SBIR)/Small Business Technology Transfer (STTR) Virtual Symposium.
The symposium, taking place October 7th, will feature keynote speaker Mr. Michael J. Kratsios, acting Under Secretary of Defense for Research and Engineering.
Other speakers include: Dr. Mark J. Lewis, acting Deputy Under Secretary of Defense for Research and Engineering, Dr. JihFen Lei, acting Director of Defense Research and Engineering for Research and Technology, and Dr. Douglas Blake, acting Deputy Director for Research, Technology and Laboratories.
The theme for the Symposium is "Shaping the Future of Innovation." It conveys the importance and impact that technology has on the Department and how small businesses are a significant component in developing technological innovations that will support the Department and, ultimately, the warfighter.
“The virtual symposium will provide a comprehensive one-day forum to educate and inform small businesses, government, academia, and industry partners and stakeholders on the importance of the DoD’s SBIR/STTR programs,” said Molly Walsh, Director, Small Business and Technology Partnerships Office in the OUSD (R&E). “With technological superiority at the forefront of our national defense strategy, it is paramount that we leverage the ingenuity and technical capabilities of the small business and academic communities. We look forward to bringing all of the stakeholders together for what will be an intriguing conversation.”
The symposium line up also includes principal directors from the Research and Engineering modernization areas and program managers and contracting officer representatives from Army, Navy, Air Force, Defense Advanced Research Projects Agency, and Defense Innovation Unit.
"We are excited and pleased leadership from Research and Engineering have committed to speak at the Symposium as well as leaders and subject matter experts from across the Department,” said Susan Celis, Program Manager for DoD SBIR/STTR. “Their experience and leadership will allow for critical and insightful discussions."
For more information and to register for the DoD SBIR/STTR Virtual Symposium, visit: SBIR/STTR Symposium 2020.
About the Office of the Under Secretary of Defense for Research and Engineering (OUSD(R&E))
The Office of the Under Secretary of Defense for Research and Engineering (OUSD(R&E)) is responsible for the research, development, and prototyping activities across the Department of Defense. OUSD(R&E) fosters technological dominance across the DoD enterprise to ensure the advantage of the American warfighter. Learn more at www.cto.mil or follow us on Twitter: @DoDCTO #DoDinnovates
About the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs
The Small Business Innovation Research (SBIR) program was born to strengthen the role of the small innovative firms in federally funded research and development, and to utilize Federal research and development as a base for technological innovation to meet agency needs and to contribute to the growth and strength of the Nation’s economy. The Small Business Technology Transfer (STTR) program was created with the same goals in addition to stimulating a partnership of ideas and technologies between innovative small businesses and research institutions. The DoD awards over $1.8B per year in SBIR/STTR funding, with approximately 1,300 Phase I awards and 950 Phase II awards per year. Phase III funding (non-DoD SBIR/STTR funding from both government and private sectors) exceeded $15B between 1995-2018. The DoD SBIR/STTR programs are compromised of the following Department and agencies: Department of the Army, Department of the Navy, Department of the Air Force, Defense Advanced Research Projects Agency, Defense Health Agency, Defense Logistics Agency, Defense Microelectronics Activity, Defense Threat Reduction Agency, Chemical and Biological Defense, Missile Defense Agency, National Geospatial-Intelligence Agency, Office of the Secretary of Defense, Space Development Agency, and the United States Special Operations Command. The economic impact of the DoD SBIR/STTR programs from 1995 – 2018:
- $121 Billion in Total Sale of New Products and Services
- 22:1 Return on the DoD Investment
- $28 Billion in Sales of New Products to U.S. Military
- $347 Billion in Total Economic Impact Nationwide
- 1,508,295 Job Created ($65,578 Per Year) With Average Compensation of $73,461