Monthly Archives: December 2011

For Non-IP Attorneys: Intellectual Property Assets in Businesses and Estates – a program by Continuum Law on January 9, 2012 in the San Diego County Law Library series

Monday, January 9, 2012 from 12:00 PM to 1:00 PM  Downtown at Esquire Solutions 402 West Broadway 16th Floor, Emerald Plaza San Diego Register http://mcleunappreciated2011jan09-eorg.eventbrite.com/

About the Program

Recognition of IP is an often overlooked tool in business, estate, divorce, and accounting practices. IP goes well beyond the realm of patents, trademarks, and copyrights. Recognition of IP provides a new dimension for transactions, property division, and estate planning when the traditional valuation measures of cash flow, comparables, or replacement cost are not available. 1 hour General Participatory credit

About the Speaker

Robert Cogan is Principal Attorney at Continuum Law in San Diego. In the course of his extensive experience, he has had responsibility for the worldwide patent, trademark, and copyright portfolios of public companies and for protecting rights of software companies. He also works with individual artists in visual arts, web design, and music. Mr. Cogan received his law degree from the George Washington University National Law Center.

SBIR Reauthorization Agreement Finally Reached by Congressional Committees

The Small Business Innovation Research (SBIR) program has been reauthorized for six years.  The program had been hanging on through several short term continuing resolutions.  The Senate and the House Armed Services Committees announced that they have agreed on a long-term reauthorization of the SBIR program during conference negotiations on the Fiscal Year 2012 National Defense Authorization Act (NDAA).  President Obama is prepared to sign the bill when it reaches his desk.

Award amounts will be increased.  Small businesses will face less uncertainty because the reauthorization requires most agencies to complete their review process for applicants within 90 days.

Funding increases from 2.5% to 3.2% of each agency’s extramural research budget for the SBIR program and from 0.3% to 0.45% over the course of reauthorization for the Small Business Technology Transfer (STTR) program. Contract amounts are increased from $100,000 to $150,000 for Phase I awards and from $750,000 to $1 million for Phase II awards.  Performance-based standards are introduced to encourage companies to focus on commercialization through Phase III.

A compromise has been reached which allows venture backed companies to participate in 25% of awards for NIH, DOE, and NSF and 15% of awards for other federal agencies.

A number of our high tech and life sciences clients have been able to launch new product lines through SBIR grants.  The reauthorization should maintain the vitality of the program.