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
IDTechEx Discusses Low-Loss Materials: The Enabler of Future Connected Vehicles?
05/06/2024 | IDTechExFuture connected vehicles will offer future drivers a safer, smoother, and more convenient driving experience. Not only will drivers get access to more navigation and entertainment options, but they will also gain access to safety technologies that will potentially reduce accidents, improve congestion, and reduce emissions globally by allowing vehicle safety systems to communicate with each other and with city traffic infrastructure.
BrainChip, Frontgrade Gaisler to Augment Space-Grade Microprocessors with AI Capabilities
05/06/2024 | BUSINESS WIREBrainChip Holdings Ltd, the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, and Frontgrade Gaisler, a leading provider of space-grade system-on-chip solutions, announce their collaboration to explore the integration of BrainChip’s AkidaTM neuromorphic processor into Frontgrade Gaisler’s next generation fault-tolerant, radiation-hardened microprocessors.
Real Time with… IPC APEX EXPO 2024: Direct Imaging Equipment and Quad-wave DLP Light Engine Technology
05/03/2024 | Real Time with...IPC APEX EXPOGuest Editor Kelly Dack and MivaTek's Brendan Hogan delve into the company's innovative technologies, including direct imaging equipment and quad-wave DLP light engine technology. They highlight the benefits of direct imaging, compensation, and DART technology.
iNEMI Names Grace O'Malley CTO
05/02/2024 | iNEMIThe Board of Directors of the International Electronics Manufacturing Initiative (iNEMI) has named Grace O'Malley Chief Technical Officer (CTO).
Dubai Launches Global Blueprint for Artificial Intelligence
05/02/2024 | BUSINESS WIREDubai has launched a blueprint for Artificial Intelligence (AI), a yearly plan that will focus on harnessing the technology’s potential to improve quality of life around the world.