Grants or Startup Tax Credit: Which one is right for you?

Oct 3 2017

For life science startups, two of the primary sources of non-dilutive funding are federal grants and the Startup Research & Development (R&D) Tax Credit, which allows startups to offset payroll taxes before they become profitable. Both programs are intended to spur innovation and accelerate growth in the USA. Sometimes, it is difficult for startups to determine if they should pursue one or both of these non-dilutive sources. In this workshop, HIREtech (experts in small business grants and R&D Tax Credits) will provide guidance to startups by comparing and contrasting the merits of these two programs. The grants portion will focus on what qualifies for small business grants (SBIR/STTRs), and the R&D Tax Credit portion will overview what qualifies as R&D expenses. Overall, this workshop will help entrepreneurs better focus their efforts to fund their R&D programs.

Jim Foster | National Tax Director, HIREtech read bio»
Jacob Setterbo | Director of Grants, HIREtech read bio»

11:00 AM | Registration Opens, Networking and Lunch 
12:00 PM | Presentation
12:45 PM | Q&A
1:30 PM | Program Close

About the "How to... Workshop" series:
The "How to... Workshop" series is dedicated to giving you the keys to a successful business, from creation to exit. As with all our events, the "How to... Workshop" is interactive and informal so bring your questions with you!

Free | General Public

Speakers' Biographies:

Jim Foster, J.D. | National Tax Director, HIREtech
Jim Foster is the National Tax Director at HIREtech, headquartered in Houston, Texas. Jim currently specializes in the R&D tax credit, the IC-DISC export incentive, and the Section 199 Domestic Production Activities Deduction. Jim has been practicing in the general area of taxation and tax law for nearly a decade. In that time, he has become one of the leading producers of successful R&D tax credit cases for his corporate clients. Further, he has a proved record of successful tax cases that range from IRS audits and appeals to various state-level tax audits and appeals. Prior to HIREtech and after obtaining his J.D., Jim worked for a national tax consulting firm where he specialized in the R&D tax credit and the IC-DISC export incentive. While in law school, Jim worked at a public accounting office where he helped the firm advance in and maintain a double-digit growth. Jim received his B.S. in Political Science from Texas A&M University and his J.D. from South Texas College of Law. He is a licensed attorney in the state of Texas.
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Jacob Setterbo, Ph.D. | Director of Grants, HIREtech
Dr. Jacob Setterbo is Director of Grants at HIREtech, where he helps life science companies obtain non-dilutive funding. Jacob focuses on small business grants (SBIR/STTRs) from the National Institutes of Health (NIH). He has provided consultation and technical writing for various therapeutic areas across the spectrum of NIH's interests, including pharmaceuticals, medical devices, digital health, and health care delivery. Jacob assists with experimental design and commercialization components of each project. Jacob regularly vets early-stage companies with respect to innovation and commercial potential to determine their applicability for grants. Jacob also assists with R&D Tax Credits at HIREtech. Jacob regularly provides guidance to startups as an advisor for the Texas Medical Center Accelerator (TMCx) in Houston. Jacob also served as a reviewer for the Texas Emerging Technology Fund and as a due diligence team member for the Houston Angel Network. Jacob received his Ph.D. in Biomedical Engineering from University of California, Davis and his B.S. in Civil Engineering from The University of Texas at Austin.
Connect with Jacob:   Follow on Twitter   Connect on LinkedIn

John P. McGovern Campus
2450 Holcombe Blvd, Suite J
Houston, TX 77021

Parking Information:
Please park in the self parking areas of the McGovern Campus. Grab a Token at the gate and bring it to the event space. We encourage carpooling and using the TMC shuttles.