NASA pays out $51 million to small businesses with big ideas

NASA pays out $51 million to small businesses with big ideas

4 years ago
Anonymous $qOHwDUKgAF

https://techcrunch.com/2020/06/30/nasa-pays-out-51-million-to-small-businesses-with-big-ideas/

NASA has announced its latest batch of small business grants, providing more than 300 businesses a total of $51 million in crucial early-stage funding. These “phase I” projects receive up to $125,000 to help bring new technologies to market.

The Small Business Innovation Research/Technology Transfer programs help entrepreneurs and inventors transition their work from lab to commercial availability. The money is like a grant, not an investment, and Phase I recipients are eligible for larger Phase II grants if they’re warranted.