We’re excited to announce that we recently won $225,000 from the National Science Foundation SBIR Phase I program to develop their process for Co-Ni recovery from spent Li-ion batteries.
For 40 years, America’s Seed Fund powered by NSF has helped startups and small businesses transform their ideas into marketable products and services. We focus on high-risk, high-impact technologies — those that show promise but whose success hasn’t yet been validated — and each year, we award $200 million in funding to entrepreneurs across the country. Our goals are to foster innovation and help create businesses and jobs in the United States, and companies seed funded by our program have since gone on to tremendous success. We are a congressionally mandated program — Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR).
The National Science Foundation, as part of the SBIR program, supports research and development of deep technologies – those that are based on discoveries in fundamental science and engineering. As we review applications, we consider your technology’s innovativeness, commercial potential, and possible societal impact.
“At Nth Cycle we’re excited to receive this funding as we continue to work on new metals processing technology that can make metals recovery more economic and clean, driving a sustainable supply of critical minerals for the clean energy transition,” said Megan O’Connor, Founder & CEO of Nth Cycle.
Learn more about NSF here: https://seedfund.nsf.gov/