[AUSTIN, TEXAS], May 29, 2020 – Troposphere Monitoring, Inc. has been awarded a National Science Foundation (NSF) Small Business Innovation Research (SBIR) grant for $221,993 to conduct research and development (R&D) work on affordable methane sensing.
The work will further the company’s mission to make real-time air monitoring tools accessible to industry. Unintended emissions of methane, the chemical which makes up natural gas, represent a significant loss to the American natural gas industry, with some estimates suggesting that over 2% of all gas is lost throughout the supply chain from leakage. Methane has a significant impact on climate as well, making it an industry focus for improvements in efficiency and sustainability.
“NSF is proud to support the technology of the future by thinking beyond incremental developments and funding the most creative, impactful ideas across all markets and areas of science and engineering,” said Andrea Belz, Division Director of the Division of Industrial Innovation and Partnerships at NSF. “With the support of our research funds, any deep technology startup or small business can guide basic science into meaningful solutions that address tremendous needs.”
“We’re tremendously proud to be using science to work with our customers to help them meet their efficiency and sustainability goals,” says Dr. Anna Scott, CEO. “And we’re excited to be partnering with the NSF to do so.”
Once a small business is awarded a Phase I SBIR/STTR grant (up to $256,000), it becomes eligible to apply for a Phase II grant (up to $1,000,000). Small businesses with Phase II grants are eligible to receive up to $500,000 in additional matching funds with qualifying third-party investment or sales.
Startups or entrepreneurs who submit a three-page Project Pitch will know within three weeks if they meet the program’s objectives to support innovative technologies that show promise of commercial and/or societal impact and involve a level of technical risk. Small businesses with innovative science and technology solutions, and commercial potential are encouraged to apply. All proposals submitted to the NSF SBIR/STTR program, also known as America’s Seed Fund powered by NSF, undergo a rigorous merit-based review process. To learn more about America’s Seed Fund powered by NSF, visit: https://seedfund.nsf.gov/
About Troposphere Monitoring:
Troposphere Monitoring, Inc. was founded in 2018 by a trio of scientists who met while working and studying at Johns Hopkins University. The company began field testing their methane-sensing solution in fall 2019.
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 $1.75 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 $8.1 billion that supports fundamental research and education across all fields of science and engineering.
We just sent you an email. Please click the link in the email to confirm your subscription!