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Dr. Anders Laursen, CEO and Karin Calvinho, CTO of RenewCO2 | Courtesy RenewCO2 The 16 NJ companies That Received a Total of $450K from CSIT for SBIR/STTR Assistance
The New Jersey Commission on Science, Innovation and Technology (CSIT) awarded a total of $450,000 to 16 early-stage companies through the state’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Direct Financial Assistance Program.
Each of the awardees is currently engaged in the federal SBIR and/or STTR programs. The awards will enhance the state’s innovation economy by strengthening the competitiveness of Garden State businesses participating in the federal programs, according to a release. To date, CSIT has awarded a total of $825,000 to 28 New Jersey companies during the program’s two funding rounds. (See previous story: The 12 NJ Tech and Life Sciences Companies Awarded CSIT Innovation Economy Grants, June 23, 2020).