The Phase 2 grant is the second round of funding provided by the NSF SBIR program to Envivo, designed to support the continued development and commercialization of this promising technology. Envivo Bio was previously awarded a Phase 1 grant to conduct feasibility studies and develop a proof-of-concept of the CapScan device.
“We are honored to have been selected for a Phase 2 grant from the NSF SBIR program,” said Dari Shalon PhD, CEO of Envivo Bio. “This funding will allow us to continue the development of our innovative technology, which has the potential to revolutionize the gut microbiome field. We are grateful for the support of the NSF and look forward to introducing our technology to the market.”
Envivo Bio’s technology is expected to have significant impact on the gut microbiome field by enabling the sampling of the small intestines in a safe and non-invasive manner. With the Phase 2 grant, Envivo Bio will be able to further refine and optimize the CapScan technology, conduct more extensive testing, and move closer to commercialization.
The NSF SBIR program provides critical funding and support to small businesses across the country, helping to spur innovation and promote economic growth. The Phase 2 grant awarded to Envivo Bio is a testament to the potential of its technology and the strength of its business plan.
