Eleven small businesses in Wisconsin received up to $900,000 to commercialize their innovations, thanks to the SBIR Advance program’s latest round of funding. ChloBis was proud to be a “Phase 1” recipient of a $75,000 match.
ChloBis was recognized for the development of an energy-efficient process to remove salt from wastewater so that it can be safely discharged. The technology also converts the removed salt into valuable chemicals (e.g., caustic soda, bleach), creating a sustainable resource recovery cycle.
WEDC created the SBIR Advance program to provide state match funding, training and other resources to Wisconsin businesses to advance the commercialization of SBIR/STTR-funded technology and expedite economic and job creation impact in Wisconsin. The program aims to fill critical funding gaps for activities such as market research, customer validation, patent development, business model development and regulatory assessment restricted under federal awards.
“We are so honored to be part of this select group of extremely innovative companies,” said Dr. Margaret Lumley, CEO and co-founder of ChloBis Water. “This funding will make a positive impact in our plans to commercialize our technology and to improve affordable access to fresh water.”
SBIR Advance grant recipients receive CTC staff support available throughout the commercialization process, including Lean Startup training, business plan review and other consulting.
To learn more, read this article published by the Center for Technology Commercialization.