The Center for Technology Commercialization announced recently that five Madison-area businesses have earned SBIR Advance matching grants.
Cellular Logistics, Nano RED and Steam Instruments won Phase 1 grants of $75,000. Meanwhile, Stem Pharm and Voximetry won Phase 2 grants of $100,000. Two Milwaukee companies also won grants.
“In this round, we have seven high-tech startups that are working to commercialize products in digital health, scientific instrumentation, biomanufacturing and drug and therapeutic discovery,” SBIR Advance Program Manager Brian Walsh said in a statement. “The SBIR Advance grant funds will help them achieve critical milestones like overcoming regulatory barriers, protecting intellectual property, forging partnerships and raising investment capital. We are excited to work with these founding teams in developing strategies and connections to successfully bring their products to market.”