We’re excited to announce that MicroContinuum was awarded the highly competitive SBIR Targeted Technologies (START) program grant from MassVentures, a venture capital firm focused on identifying and supporting high potential drivers of the Massachusetts innovation economy.
The grant will enable us to upgrade our manufacturing equipment to produce larger-scale samples of nanoMesh and to further commercialize our nanoimprint technology.
The program is executed in three one-year stages. At the outset of Stage I, we received $100,000 to enable our commercialization efforts. After the first year, up to six of the original twelve winners will each receive $200,000 grants. At the conclusion of the second year, two companies are chosen to each receive $500,000.
Since the program’s founding in 2012, START has provided $21.1 million in non-dilutive investment funding to 85 SBIR supported companies and helped winners raise over $1 billion additional capital.