Montgomery County, VA – Four Blacksburg companies were recently awarded incentive grants through the Commonwealth Research Commercialization Fund (CRCF) to fund research in unmanned systems, life sciences, and clean energy. Governor Ralph Northam announced in June that the businesses were among 26 across the Commonwealth to receive the awards. According to the governor’s press release, “The [CRCF] accelerates innovation and economic growth in Virginia by advancing solutions to important state, national, and international challenges through technology research, development, and commercialization.”
Read more about the grant winners from Blacksburg below:
Commercialization Program
Cowden Technologies, LLC | Mr. Mickey Cowden
A Smart Docking Station for Drones, $75,000, Unmanned Systems, Blacksburg
Eksdyne Inc. | Mr. Joshua Eckstein
A Magnetohydrodynamic Actuator System for Robotics, $74,915, Unmanned Systems, Blacksburg
Techulon Inc. | Dr. Nrusingh Mohapatra
PPNA-Based Antimicrobial Therapeutics Against Multi-Drug-Resistant Pseudomonas and Acinetobacter, $75,000, Life Sciences, Blacksburg
Small Business Innovative Research (SBIR) and Small Business Technology Transfer (STTR) Matching Funds Programs
Li Industries, Inc. | Mr. Nolan Schmidt
Effective Materials Separation for Low-Cost Lithium Ion Battery Direct Recycling, $75,000, Clean Energy, Blacksburg
Read the governor’s full press release here.
Read more about the Commonwealth Research Commercialization Fund here.
Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.
