We are thrilled to have the support of MassVentures with the award helping us accelerate our product development in the Commonwealth!
Funded by the Commonwealth and managed by MassVentures, the SBIR Targeted Technologies (START) grant program helps startups convert research developed under SBIR (Small Business Innovation Research) and STTR (Small Business Technology Transfer) contracts into viable businesses in Massachusetts. The START program awards $100,000 to $500,000 in non-dilutive funds and provides business guidance, such as introductions to investors, pitch coaching, and mentoring, to help companies commercialize their technologies. START is unique in that it covers activities that are critical for growth but not included in federal grant programs. In addition to supporting emerging technologies, START also helps create jobs and bring new products to market. Since 2012, MassVentures’ START program has granted $37.2 million to 125 companies which have gone on to raise more than $5 billion and employ more than 3,200 people in the Commonwealth. We are excited to be part of this visionary program and the innovative ecosystem it has helped create here in Massachusetts.
Read more here.
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