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The first step was finding money from the government’s Paycheck Protection Program to get more capital coming in and maintaining its headcount. million has come from the government in the form of two National Science Foundation cooperative agreements through the Small Business Innovation Research financing mechanisms.
Similarly, the National Science Foundation (NSF) has issued a directive that requires all grantees to pause any activities related to Diversity, Equity, Inclusion, and Accessibility (DEIA) that do not fully comply with the new administration’s updated requirements.
” The company kept the lights on for the period after I met them with an SBIR award from the NSF, with the Phase I and II awards yielding more than $2 million in non-dilutive money to work with. We don’t want to introduce materials that are just gonna be another problem.”
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