BIO's partnership with the National Science Foundation (NSF) will feature Small Business Innovation Research (SBIR) funded early-stage industrial biotech companies at BIO’s 13thAnnual World Congress on Industrial Biotechnology. This year's conference will be held April 17-20, 2016 at the San Diego Convention Center in San Diego, CA.
“BIO and NSF have established a great public/private partnership, which first debuted at the 2013 BIO Investor Forum and will now be showcased at the 2016 BIO World Congress on Industrial Biotechnology,” said Brent Erickson, executive vice president for BIO’s Industrial & Environmental Section. “Through the SBIR grant program, qualified companies can move forward and bring innovative technologies to market. I hope everyone at the World Congress will take the time to stop by and learn about these exciting companies. ”
Each of the companies has been rigorously vetted through the SBIR NSF merit review process prior to receiving the funding. The NSF-SBIR Table Top and Poster Presentation Area located within the Exhibition will feature participating companies who have received SBIR Phase II grants.
Phase II funding is based on the results achieved in Phase I and the scientific and technical merit and commercial potential of the project proposed in Phase II. Companies can qualify for up to $1 million dollars in funding to engage in R&D that has the potential for commercialization.
“The BIO World Congress on Industrial Biotechnology is an excellent opportunity for these companies to showcase their cutting-edge technologies, form long-term partnerships and begin to raise funds in the private sector,” said Jesus Soriano, MD, PhD, MBA, a program director for NSF's SBIR/STTR program. “NSF’s SBIR/STTR Program shows the government and private sectors working together toward the common goals of spurring job growth, building a bioeconomy, and reducing the costs and environmental footprint of manufacturing.”
For more information on the 2016 BIO World Congress on Industrial Biotechnology visit http://go.bio.org/WorldCongress2016.html.