Indianapolis-based Elevate Ventures is expanding its Small Business Innovation Research and Small Business Technology Transfer matching program. Elevate says the expansion gives Indiana companies more access to early-stage funding.
Elevate says it will match up to $75,000 per Phase II award and $150,000 per company.
Elevate, which manages the SBIR/STTR program in partnership with the Indiana Economic Development Corp., says it now supports Phase II matching. The program is designed to address federal needs for research and development.
“The SBIR/STTR program is one of the largest sources of funding for innovation-driven companies at their earliest stage of development,” said Ting Gootee, chief investment officer at Elevate Ventures. “This additional support provides another edge for Indiana companies to compete nationally.”
For fiscal year 2020-2021, 25 companies received $1.3 million in funding from Indiana’s SBIR/STTR matching program.
The companies are:
- Advanced Science and Automation Corp., Indianapolis
- Akanocure Pharmaceuticals Inc., West Lafayette
- BDYWR LLC, West Lafayette
- Consensus Networks LLC, South Bend
- Continuity Pharma LLC, West Lafayette
- Engine Research Associates Inc., Fort Wayne
- Eperture LLC, Columbus
- Flightprofiler LLC, Newton
- Grannus Therapeutics LLC, Indianapolis
- Health Smart Technologies Inc., Zionsville
- Heliponix LLC, Evansville
- infoSentience, Bloomington
- Miftek Corp., West Lafayette
- Multiscale Integrated Technology Solutions LLC, Carmel
- Next Offset Solutions Inc., West Lafayette
- Ocella Inc. (d/b/a Ateios), Newberry
- Pierce Aerospace LLC, Carmel
- RightFit Analytics Inc., West Lafayette
- Spirrow Therapeutics LLC, West Lafayette
- Star Voltaic LLC, Indianapolis
- Terran Robotics, Bloomington
- Trek10 Inc., South Bend
- Valgotech LLC, Indianapolis
- Vasculonics Inc., Indianapolis
- Vennli Inc., South Bend
You can apply for Phase I or Phase II matching dollars by clicking here.