This is Berkshire's second Fast-Track SBIR Grant from NIH. The Company received an initial two-phased award totaling $2.2 million (1R44DA057185) in 2022 which extended through 2024, to complete ...

SBIR grants are a critical funding source of biotech innovation and pave the way for the development of life-changing medications. Prior to the cuts, more than $4 billion in SBIR grants were ...

The grant, awarded through NIH's highly competitive SBIR Fast-Track program, will fund a critical milestone in the clinical validation of Duvax.

SBIR helps fund the NIH's National Institute of Aging, which makes nearly $150 million in grants to small businesses each year. According to the institute, ...

In 2023, NIH spent $35 billion to support research at various institutions, of which $9 billion was used to cover indirect costs. Thus, NIH estimates it could save $4 billion by capping indirect ...

The NIH also supports Small Business Innovation Research and Small Business Technology Transfer opportunities. These programs stimulate technological innovation by funding small businesses to ...

Over 80% of SBIR and STTR grants were awarded for preclinical and discovery-stage drugs, amounting to over $1.1 billion between 2020 and 2024, reflecting the support NIH SBIR and STTR grant ...

Gibson said NIH small business innovation research (SBIR) grants in Recursion’s early years allowed the young company to build the fundamentals of its technology platform.

“SBIR grants are near and dear to my heart,” Gibson said. “The first thing I did when we started Recursion was write an SBIR grant, and we got $1.46 million from the federal government.” ...

SBIR and the NIH’s Small Business Technology Transfer (SBTT) program account for a total of around $4.5 billion in annual funding obligations, making them “a cornerstone for biotech innovation ...