NSF graphically shows impact of programs funded by the “CHIPS and Science Act of 2022”
Twelve Knoxville area companies and two institutions of higher education have received funding that is tied to the passage of the legislation.
The National Science Foundation’s Directorate for Technology, Innovation and Partnerships (TIP) has released a TIP Investments map that showcases just how impactful the program has been on the Knoxville-Oak Ridge region.
Since passage of the “CHIPS and Science Act of 2022” in August of that year, 12 companies in the area – more than the rest of the state combined – have received some level of funding. Many were Phase I Small Business Innovation Research (SBIR) awards, with five Phase II awards and one classified as a Small Business Technology Transfer (STTR) award. Total funding amounted to more than $6.5 million.
Those awards to start-ups did not include announcements during the two-year period such as the “NSF Regional Innovation Engines Development Award” of $1 million to TEAM TN, a consortium led by the University of Tennessee, Knoxville, or the Nuclear Industry Pathways: Meeting Emerging Needs project led by Roane State Community College.
The companies listed are, in alphabetical order, American Nanotechnologies, CrossLink Composites, Eden Concepts, Endeavor Composites, Eonix, Mobius, Neptune Fluid Flow Systems, Orion Therapeutics, Perseus Materials, Shift Thermal, SkyNano, and Winter Innovations.
By Congressional District, the totals are as follows:
- First District – $0.
- Second District – $6.5 million.
- Third District – $2.6 million.
- Fourth District – $314,300.
- Fifth District – $1.3 million.
- Sixth District – $784,800.
- Seventh District – $26.9 million.
- Eighth District – $963,500.
- Ninth District – $1.4 million.
“We are thrilled to launch this pilot capability to allow the American public a new way of seeing the breadth and depth of TIP’s investments in key technology areas and their impacts on national, societal and geostrategic challenges,” said Erwin Gianchandani, NSF Assistant Director for TIP. “We hope that the map and underlying data will help those interested in TIP’s investments explore our work and assist researchers in finding others in their regions or focus areas.”
The TIP Investments pilot uses Elsevier’s Pure platform, a research information management system that leverages open access data repositories to show the organizations, including startups and small businesses, as well as the principal investigators who are advancing the TIP portfolio. The tool illustrates the impact of NSF’s investments across all 10 key technology areas as outlined in the “CHIPS and Science Act of 2022.” Data in the visualization is pulled from the public NSF award search and categorized into key technology areas with machine learning.
Like what you've read?
Forward to a friend!