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ATP Announces 54 New Awards
Projects valued at $274 million in private and federal funding were selected under the Department of Commerce’s Advanced Technology Program. From more than 400 proposals, ATP selected 54 projects in a broad range of technologies including pharmaceutical design, tissue engineering, industrial catalysts, energy generation and storage, manufacturing technologies, electronics manufacturing, computer software and electro-optics. Most of the awards (40) went to small businesses either as stand-alones or as the lead in an industry joint venture. Additionally, some 30 universities will be involved as joint-venture partners or as subcontractors.
Recipients were selected in 21 states: California leads with 13 projects and $34.6 million; in four projects, Texas garnered $27.5 million; Illinois received the next largest amount of funding in its three projects totaling $17.1 million; and Massachusetts received six awards for $11.5 million.
The Advanced Technology Program provides cost-shared funding to industry for high-risk R&D projects with the potential to spark important, broad-based economic benefits for the United States. Such assistance significantly accelerates potentially important R&D projects that could not be fully supported independently by the industry. In this competition approximately $144 million in ATP funds will be matched by $130 million in private dollars.
For more details on the new projects, please visit http://www.atp.nist.gov