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Science

MelliCell Inc. receives competitive grant from National Science Foundation

thedailyposting.comBy thedailyposting.comMarch 28, 2024No Comments

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Funding research and development accelerates translation of results into impact

Newton, Massachusetts, March 28, 2024 /PRNewswire/ — MelliCell Inc. has been awarded a National Science Foundation (NSF) Small Business Innovation Research (SBIR) grant. $275,000 Conducts research and development (R&D) work related to “industrial-scale technology for drug development in mature human adipocytes.” This project highlights Mericel’s commitment to revolutionizing obesity treatment by leveraging cellular-level insights to address the root causes of this global health challenge. The company’s innovative approach promises to improve patient outcomes by harnessing the therapeutic potential of mature human adipocytes.

team members

team members

”NSF accelerates the transformation of emerging technologies into innovative new products and services,” Said Erwin Gianchandani, NSF Assistant Director for Technology, Innovation and Partnerships. ”We take great pride in funding deep technology startups and small businesses that shape the achievements of science and engineering into meaningful solutions for today and tomorrow.. ”

”This grant from NSF is a testament to the ingenuity and potential impact of our efforts.,” Said prince nnaMelliCell Inc. CEO/Founder”This is a pivotal step towards realizing our vision to transform obesity treatment and underscores our core value of doing good in the world.. ”

All proposals submitted to the NSF SBIR/STTR program, also known as the American Seed Fund provided by NSF, undergo a rigorous merit-based review process. Once a small business receives a Phase 1 grant, it will be able to apply for Phase 2 funding and additional grants of up to $20 in total. 2 million dollars. To get started, startups or entrepreneurs submit a written project pitch to see if their technology idea is a good fit for the program. For more information about the American Seed Fund operated by NSF, please visit https://seedfund.nsf.gov/.

NSF has several programs designed to accelerate the translation of research results into practice and provide researchers, startups, and aspiring entrepreneurs with pathways to move ideas from the lab to the marketplace and society. To learn more about how NSF is unlocking future technologies that impact the nation and society, visit https://beta.nsf.gov/tip/latest.

About the National Science Foundation’s Small Business Program:
American Seed Fund powered by NSF has received the following awards: 200 million dollars Each year, we provide startups and small businesses to transform scientific discoveries into products and services that have commercial and social impact.Start-up companies active in almost all fields of science and technology are the largest 2 million dollars We support research and development and help de-risk technologies for commercial success. American Seed Funding is mandated by Congress through the Small Business Innovation Research Program. NSF is an independent federal agency with a budget of approximately $9.5 billion We support basic research and education across all fields of science and engineering.

Contact: Sunny Owola, [email protected]

Source MelliCell Inc.

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