‘START Grants’ help Massachusetts-based Companies Convert Federally Funded Research into new Businesses and Jobs.
The Massachusetts Executive Office of Economic Development and MassVentures has announced that 26 companies will receive $4.5 million in grant funding through MassVentures’ SBIR Targeted Technologies (START) Grant Program.
Launched in 2012, the program helps startups convert research developed under SBIR (Small Business Innovation Research) and STTR (Small Business Technology Transfer) contracts into viable businesses and jobs in Massachusetts.
This year, MassVentures expanded the program by increasing the number of grants awarded from 17 to 25 and awarding an additional $1.5 million. [Read more…] about MassVentures to award $4.5 million in grant funding to 26 ‘deep tech’ startups