State matching grants fund 6 innovative Dane County small businesses
In the latest round of Small Business Innovation Research (SBIR) Advance program funding, 11 small businesses in Wisconsin will receive up to $900,000 to commercialize their innovations, according to a statement from SBIR Advance. The state matching grant program assists companies in the process of completing a project in the federal SBIR or Small Business Technology Transfer (STTR) programs. This is the 19th round of SBIR Advance funding since this collaboration by the Wisconsin Economic Development Corporation (WEDC) and the Center for Technology Commercialization (CTC) began in 2014.
Local companies receiving funding up to $75,000 match are:
- ChloBis Water Inc. of Madison, which has developed an energy-efficient process to remove salt from wastewater so that it can be safely discharged and the salt can be converted into valuable chemicals; and
- Neurosetta LLC of Madison, which creates custom models of the human brain and spinal cord in a high-throughput screening platform suitable for comprehensive developmental neurotoxicity screening of chemicals and genetic mutations.
Local companies receiving up to $100,000 match are:
- AIQ Solutions Inc. of Madison, which has developed a software technology platform that generates quantitative intelligence to improve the understanding of treatment response for complex diseases;
- GoDx of Madison, which is developing a rapid, low-cost test for foodborne or waterborne gut bugs that cause diarrheal disease;
- IF LLC of Stoughton, which develops and manufactures medical ultrasound instrumentation used to diagnose and monitor osteoporosis; and
- PhylloTech Inc. of Middleton, which is redefining the production of cytokines by developing a new method to produce cytokines by engineering tobacco plants to manufacture, purify, and deliver targeted proteins directly to leaf surfaces of living plants for more economical harvests.