U.S. Commerce Department Gives Small Businesses $3.2M for Innovation Research
September 17, 2015 | NISTEstimated reading time: 1 minute
The U.S. Commerce Department today announced that 20 small businesses will receive $3.2 million in grants to spur American innovation and competiveness through federally funded research and development from the National Institute of Standards and Technology (NIST).
The businesses, which range in size from one to 24 employees, will receive Phase I or Phase II funding through NIST’s Small Business Innovation Research (SBIR) program. The awardees are from 15 states and were competitively selected from proposals submitted in response to calls for innovative products to solve specific technology challenges in advanced manufacturing, climate change and clean energy, cyber-physical systems, health care, cybersecurity and technology transfer.
“As ‘America’s Innovation Agency,’ the Commerce Department is committed to supporting the innovators and job creators of tomorrow as they turn big ideas into thriving businesses,” said U.S. Commerce Secretary Penny Pritzker. “The grants being awarded today will support entrepreneurs in their efforts to create solutions to pressing challenges in high-growth industries, and in doing so, will help the American economy forward.”
“Small and young firms are the source of most innovation in our economy and are the backbone of our domestic supply chains,” said Under Secretary of Commerce for Standards and Technology and NIST Director Willie E. May. “These awards will help these companies to develop new technologies that solve real technical challenges that could lead to innovative products and markets.”
Suggested Items
Terran Orbital’s GEOStare SV2 Captures 3 Years of Success in High-Resolution Imaging
05/17/2024 | BUSINESS WIRETerran Orbital Corporation, a global leader in satellite-based solutions primarily serving the aerospace and defense industries, celebrates the 3rd anniversary of its successful GEOStare SV2 mission. Launched on May 15, 2021, from NASA’s Kennedy Space Center in Florida, GEOStare SV2 has surpassed expectations, delivering exceptional results for commercial satellite imagery.
Indium Experts to Present on High-Temperature, Lead-Free Solder Paste and High Reliability Liquid Metal Alloys Poster at ECTC
05/16/2024 | Indium CorporationIndium Corporation Research Associate Kyle Aserian will deliver a presentation at the 74th Electronic Components and Technology Conference (ECTC) on May 31, in Denver, Colorado.
Siemens, Foxconn Team Up to Optimize Forward-thinking Manufacturing
05/16/2024 | FoxconnSiemens AG, a leading technology company, and Hon Hai Technology Group (Foxconn), the world’s largest electronics manufacturer, have signed a memorandum of understanding (MoU) to drive digital transformation and sustainability in smart manufacturing platforms.
TactoTek Licenses IMSE Technology to Polestar for Sustainable Electronics Design Innovation
05/15/2024 | TactoTekPolestar, the Swedish electric performance car brand, and Finnish smart surface pioneer TactoTek, have entered a collaboration to explore integration of Injection Molded Structural Electronics (IMSE) technology into Polestar’s vehicle programs.
SiPearl: Partnership with Samsung Electronics for built-in HBM in Rhea
05/14/2024 | BUSINESS WIRESiPearl, the company building the high-performance low-power European microprocessor for HPC and AI inference, has signed a partnership with Samsung Electronics Co. Ltd., a world leader in advanced memory technology, to equip its Rhea series with Samsung’s advanced memory solution ideal for HPC and AI applications.