The National Institute of Standards and Technology (NIST) has selected 19 small businesses to develop new technologies through grants totaling over $4.4 million in value. The awardees will address various technology needs under phases one and two of the agency's Small Business Innovation Research (SBIR) program, NIST said Thursday.
The first phase provides each awardee up to $100,000 for feasibility studies, then the second phase will add up to $400,000 for projects qualified to continue. A third phase would use non-SBIR funds to commercialize the resulting technologies.
