Alloy Enterprises has been awarded an NSF Phase I SBIR grant for $256,000 to conduct R&D work on a novel aluminum metal manufacturing process.
Metal additive manufacturing continues to emerge in many industries; however, traditional manufacturing processes remain prevalent for the aluminum market. Alloy’s technology aims to combine the versatility of additive manufacturing with the throughput of casting.
“Funding from NSF at this stage is invaluable to our technology development and commercialization efforts,” states Dr. Alison Forsyth, CEO of Alloy Enterprises.
“With the support of our research funds, any deep technology startup or small business can guide basic science into meaningful solutions that address tremendous needs,” said Andrea Belz, Division Director of the Division of Industrial Innovation and Partnerships at NSF.
About the National Science Foundation’s Small Business Programs: America’s Seed Fund powered by NSF awards $200 million annually to startups and small businesses, transforming scientific discovery into products and services with commercial and societal impact. Startups working across almost all areas of science and technology can receive up to $1.75 million to support research and development (R&D), helping de-risk technology for commercial success. America’s Seed Fund is congressionally mandated through the Small Business Innovation Research (SBIR) program. The NSF is an independent federal agency with a budget of about $8.1 billion that supports fundamental research and education across all fields of science and engineering.