Evanston, IL, September 9, 2024 – MFNS Tech has been awarded a National Science Foundation (NSF) Small Business Innovation Research (SBIR) grant for $992,014 to conduct research and development (R&D) work on scaling up OHM Technology and implementing OHM products at an industrial scale.
Vikas Nandwana, CTO of MFNS Tech and PI of this grant, remarked, "We are honored to receive the prestigious SBIR Phase II grant. This funding will bring us closer to scaling up production, addressing contamination challenges, and delivering innovative water quality solutions where they’re needed most."
At MFNS Tech, our core mission is to address one of the most pressing global challenges in the environment. Our startup is committed to developing innovative technologies that not only treat wastewater effectively but also prioritize environmental sustainability.
The Significance of this Phase II award: Securing the Phase II award is proof of our continued success we achieved in Phase I and the roadmap for taking OHM products towards commercialization. The funds will be allocated towards developing a scale up infrastructure, building a filtration prototype and testing it with real world water samples at an industrial scale.
About the National Science Foundation's Small Business Programs: America’s Seed Fund powered by NSF awards $200 million annually to startups and small businesses, transforming scientific discovery into products and services with commercial and societal impact. Startups working across almost all areas of science and technology can receive up to $2 million to support research and development (R&D), helping de-risk technology for commercial success. America’s Seed Fund is congressionally mandated through the Small Business Innovation Research (SBIR) program. The NSF is an independent federal agency with a budget of about $8.5 billion that supports fundamental research and education across all fields of science and engineering.
https://www.nsf.gov/awardsearch/showAward?AWD_ID=2415632&HistoricalAwards=false
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