The Commerce Department's National Institute of Standards and Technology (NIST) announced today that more than $2.3 million in funding for Phase I and Phase II Small Business Innovation Research (SBIR) projects will be awarded to 13 U.S. small businesses. The awards provide funding to help develop manufacturing and cybersecurity technologies that could lead to commercial and public benefit.
"We congratulate the companies selected out of the numerous high-quality proposals we received," said Under Secretary of Commerce for Standards and Technology and NIST Director Patrick Gallagher. "The SBIR program provides a great way to foster technological innovation at small businesses and help keep America innovative and competitive."
NIST's SBIR program seeks to stimulate technological innovation in the private sector, especially at minority and disadvantaged firms, strengthen the role of small business in meeting federal research and development needs and increase commercialization of federal research and development.
SBIR awards are funded through a competitive, three-phase process. In Phase I, small businesses can receive up to $90,000 to establish the technical merit, feasibility and commercial potential of the proposed research and development. Phase I awardees compete for Phase II funding of up to $300,000, enabling them to continue their efforts. Phase III involves commercial applications of the newly developed technologies, with funding from outside the SBIR program.