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NIST Announces 12 Small Business Innovation Research Awards

Competitive funding program encourages companies to commercialize new technologies

NIST
Tue, 09/04/2012 - 12:47
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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.

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“We are delighted by the high quality of SBIR proposals we received, and congratulate all the awardees,” says 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.”

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