EnKoat secures Phase I funding from the NSF SBIR Program - EnKoat
Summary
[Tempe] May 26, 2020 Today, EnKoat announced that they have been selected for the National Science Foundations Small Business Innovation Research (SBIR) award. The SBIR Phase I grant process is highly selective with a funding rate of about 15% and the proposals are rigorously vetted by a team of subject matter experts before any decision is arrived. The proposals are judged on several key criteria including innovation, commercial potential and broader societal impact of the idea, and the awardees are companies working on discoveries in fundamental science and engineering solving high-risk problems.The EnKoat team has made several accomplishments till date in their brief journey and getting this award is cementing their place as a viable startup in the building infrastructure industry. These coatings can be applied to interior/exterior walls or roof of new construction, pre-existing buildings and retrofit applications.Americas Seed Fund is a program within the National Science Foundation and housed within the Division of Industrial Innovation and Partnerships within the Directorate of Engineering. Notable NSF-supported advances include Doppler radar, the Internet, web browsers, bar codes, magnetic resonance imaging, inkjet printers, computer-aided design systems, tissue engineering, and other technology-based innovations that spur economic activity and improve the quality of life for all Americans.