Press Release Summary:
As announced by NIST, 12 U.S. businesses received nearly $2 million in Phase I and Phase II Small Business Innovation Research (SBIR) awards in order to help develop technologies that could lead to commercial and public benefit. SBIR program's goal is for companies to commercialize their technologies, where appropriate, in Phase III. NIST will provide awardees with technical and direct assistance and direct them to additional resources through Hollings Manufacturing Extension Partnership.
Original Press Release:
Twelve Companies Win NIST SBIR Awards
The National Institute of Standards and Technology (NIST) has announced nearly $2 million in Phase I and Phase II Small Business Innovation Research (SBIR) awards to 12 U.S. businesses. These awards provide funding to help companies develop technologies that could lead to commercial and public benefit.
"We are delighted by the high quality of SBIR proposals we received, and congratulate all the awardees," said Phillip Singerman, associate director for innovation and industry services at NIST. "Over the past year, NIST updated the solicitation process to focus on critical national priorities and provide maximum opportunities for businesses that are just starting out. With three-fourths of the Phase I recipients in business fewer than 10 years and two-thirds of them with 12 employees or fewer, the results of the solicitation demonstrate the success of that process."
The SBIR program's goal is for companies to commercialize their technologies, where appropriate, in Phase III, but this phase is not funded by the SBIR program.
NIST will provide the awardees with technical assistance and direct assistance, as allowed by the SBIR statute, and direct them to additional resources through NIST's Hollings Manufacturing Extension Partnership.
Read the full announcement, with descriptions of the awardees and their projects: http://www.nist.gov/public_affairs/releases/sbir-083112.cfm.
Media Contact: Jennifer Huergo, firstname.lastname@example.org, 301-975-6343