Wisconsin ranks third in winning health and life science business grants
5 Apr 2019
MADISON – Wisconsin’s early-stage health and life science firms and the Center for Technology Commercialization (CTC) received national attention for the state’s success over the past decade in landing competitive federal grants.
Wisconsin ranked third after Oregon and Vermont in securing Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) funding from the National Institutes of Health (NIH) from 2008-2017. The 23 percent win rate for applications (248 awards from 1,056 submissions) resulted in $87 million invested in the state’s entrepreneurial efforts.
The State Science & Technology Institute (SSTI), a national nonprofit organization, reported the newly available data and cited CTC’s support in boosting clients through its training programs.