The National Science Foundation is funding a University of Central Florida–led pilot that will give selected small businesses milestone-based commercialization awards, mentorship and investor connections to bridge the gap between research and commercial products.
NSF committed $20 million for a two-year pilot led by UCF’s National Commercialization and Translation Institute (NCTI) to move federally funded deep technologies toward the market.
The pilot pairs funding with expert mentorship and investor connections and will be evaluated to produce rigorous evidence about which commercialization supports best advance deep‑tech ventures.
Senators Introduce Bill to Ban Artificial Superintelligence VA Seeks Input on Enterprise AI Support Services. NCTI will administer and evaluate several forms of support for participating deep-tech companies, including commercialization funding, expert mentorship and connections with investors. The institute will competitively select six to eight NSF Small Business Innovation Research/Small Business Technology Transfer Phase II and IIB deep-tech companies for the pilot.
NSF said the pilot is expected to generate rigorous evidence about the approaches that most effectively help deep-technology ventures progress toward commercialization. The new commercialization pilot builds on NSF's broader effort to accelerate deep-tech development through its SBIR/STTR programs. In May, NSF relaunched the programs with a $250 million investment supporting deep-tech startups and small businesses, including funding opportunities that can reach $30 million for select Phase II companies.
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"...we have achieved a monumental victory."
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