Manus Bio announced today that it has been awarded the second phase of the National Science Foundation grant under the America's Seed Fund program. This Phase II award ($600,000) acknowledges the significant progress attained in the first phase and will continue to support the development of an advanced fermentation process for the economical and sustainable production of a highly potent natural acaricide. The full project abstract can be found at https://www.nsf.gov/awardsearch/showAward?AWD_ID=1738463.
About America’s Seed Fund
America’s Seed Fund powered by the National Science Foundation (NSF) awards nearly $190 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 $1.5 million in non-dilutive funds 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 $7.5 billion that supports fundamental research and education across all fields of science and engineering. For more information, visit seedfund.nsf.gov.