10 Nov Grant-winning tech firms to be honored at Early Stage Symposium
Madison, Wis. – Fifty-one companies that won 84 federal research and development grants totaling $33.7 million will be honored during the annual Small Business Innovation Research awards ceremony on Wednesday, Nov. 14.
The ceremony will be held during the Wisconsin Early Stage Symposium at the Monona Terrace Community and Convention Center in Madison. Mark Lee, a former astronaut and SBIR grant winner who is the chief engineer for the Institutes for Discovery project on the University of Wisconsin-Madison campus, will speak during the awards dinner.
Wisconsin’s $33.7 million in total grants covers the year ending March 31, 2007, and represents an increase over last year’s totals of 46 companies, 74 awards and $30.5 million. Individual grants landed by the 51 Wisconsin companies ranged in size from just under $50,000 to more than $1.5 million, and came from 10 different federal agencies.
The biggest single winner in 2006-2007 was Madison’s Orbital Technologies Corp., which secured 14 grants worth more than $8.3 million from the National Aeronautics and Space Administration, the U.S. Department of Agriculture, the U.S. Air Force, and the U.S. Army.
The federal Small Business Innovation Research and Small Business Technology Transfer programs provide more than $2 billion annually to U.S. small businesses developing innovations of national interest.
Among the Wisconsin companies that received federal R&D grants in their early years are TomoTherapy and NimbleGen.
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