May 28, 2014 – Collierville, TN – Foundation Instruments, Inc. has been awarded a $150,000 National Science Foundation Small Business Innovation Research (NSF-SBIR) Phase 1 grant. The SBIR Phase 1 grant was awarded to develop a new device for measuring the concentrations of federally-regulated, carcinogenic chemicals produced during disinfection of drinking water at municipal water treatment plants.
The Small Business Innovation Research (SBIR) program was established in 1982. SBIR is a nationally competitive research program specifically for small businesses (<500 employees) and provides them an avenue for federal funds to conduct research and development and commercialize new ideas. Since 1982, only 39 SBIR Phase 1 awards have gone to companies in the West Tennessee region, with 54 total SBIR Phase 1 and Phase 2 awards from all federal SBIR agencies. This prestigious SBIR award to Foundation Instruments is the first SBIR to be awarded from the NSF to a company in West Tennessee.