National Science Foundation

The National Science Foundation (NSF), established in 1950 and located in Alexandria, Virginia, is an independent federal agency dedicated to advancing fundamental research and education across all scientific and engineering disciplines. With an annual budget of approximately $7.8 billion, the NSF operates America's Seed Fund, which allocates nearly $200 million each year to support startups and small businesses through the Small Business Innovation Research (SBIR) program. This initiative provides non-dilutive funding of up to $1.5 million to assist in research and development efforts, thereby facilitating the transformation of scientific discoveries into commercially viable products and services. By helping to de-risk technology, the NSF plays a crucial role in fostering innovation and addressing societal challenges through scientific advancements.

James Donlon

Program Director

Sean L. Jones

Assistant Director for Mathematical and Physical Sciences

Sethuraman Panchanathan

Director

Ben Schrag Ph.D

Program Director and Policy Liaison, SBIR / STTR

Past deals in Prince Edward Island

Liteco

Grant in 2014
Liteco is an independent distributor of electrical supplies, established in 1976, with operations across the Maritimes, including 13 branches in New Brunswick, Nova Scotia, and Prince Edward Island. The company specializes in a wide range of industrial electrical products, including heating and cooling systems, lighting fixtures, boxes and accessories, safety equipment, tools, and venting solutions. In addition to its product offerings, Liteco provides technical services to its clients. The company serves various sectors, including the electrical market and specialized industries such as potash mining, pulp and paper, marine, and offshore oil and gas.

Liteco

Grant in 2012
Liteco is an independent distributor of electrical supplies, established in 1976, with operations across the Maritimes, including 13 branches in New Brunswick, Nova Scotia, and Prince Edward Island. The company specializes in a wide range of industrial electrical products, including heating and cooling systems, lighting fixtures, boxes and accessories, safety equipment, tools, and venting solutions. In addition to its product offerings, Liteco provides technical services to its clients. The company serves various sectors, including the electrical market and specialized industries such as potash mining, pulp and paper, marine, and offshore oil and gas.
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