R&D funding accelerates the translation of
results to impact
NEWTON,
Mass., March 28, 2024 /PRNewswire/ -- MelliCell
Inc. has been awarded a U.S. National Science Foundation (NSF)
Small Business Innovation Research (SBIR) grant for $275,000 to conduct research and development
(R&D) work on "Industrial Scale Technology for Drug Development
in Mature Human Fat Cells." This project underscores MelliCell's
commitment to revolutionizing obesity treatment by leveraging
cellular-level insights to address the root causes of this global
health challenge. The company's innovative approach promises to
improve patient outcomes by tapping into the therapeutic potential
of mature human fat cells.
"NSF accelerates the translation of emerging technologies
into transformative new products and services," said
Erwin Gianchandani, NSF Assistant
Director for Technology, Innovation and Partnerships. "We take
great pride in funding deep-technology startups and small
businesses that will shape science and engineering results into
meaningful solutions for today and tomorrow."
"This grant from the NSF is a testament to the ingenuity and
potential impact of our work," said Prince Nnah, CEO/Founder of MelliCell Inc.
"It is a pivotal step toward realizing our vision of
transforming obesity treatment and underscores our core value of
doing good in the world."
All proposals submitted to the NSF SBIR/STTR program, also known
as America's Seed Fund powered by NSF, undergo a rigorous
merit-based review process. Once a small business is awarded a
Phase I grant, it becomes eligible to apply for Phase II funding
and additional supplements totaling up to $2
million. To get started, startups or entrepreneurs submit a
written Project Pitch to see if their technology idea could be a
good fit for the program. To learn more about America's Seed Fund
powered by NSF, visit: https://seedfund.nsf.gov/
NSF has several programs that help accelerate the translation of
research results to practice and provide pathways for researchers,
startups and aspiring entrepreneurs to move their ideas from the
laboratory to the market and society. To learn more about how NSF
helps unlock future technologies for national and societal impact,
visit: https://beta.nsf.gov/tip/latest.
About the U.S. National Science Foundation's Small Business
Programs:
America's Seed Fund powered by NSF awards more
than $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 $2 million to
support research and development, helping de-risk technology for
commercial success. America's Seed Fund is congressionally mandated
through the Small Business Innovation Research program. The NSF is
an independent federal agency with a budget of about $9.5 billion that supports fundamental research
and education across all fields of science and engineering.
CONTACT: Sunny Oworah, sunny@mellicell.com
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SOURCE MelliCell Inc.