The New Jersey Commission on Science, Innovation, and Technology (CSIT) announced that Andluca Technologies was selected as one of the two early-stage companies to receive a $50,000 bridge funding grant through the state’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer Program (STTR) Direct Financial Assistance Program. Andluca was awarded this grant after successfully completing Phase I and applying for Phase II of the federal SBIR/STTR program.
The federal SBIR and STTR grant programs provide more than $3 billion each year to small businesses across the technological and sciences categories. Each award is given based upon an innovative idea that focuses on a specific federal R&D need. The programs are open to all U.S.-based for-profit small business with less than 500 employees.
Aside from the $50,000 awarded to Andluca and fellow awardee BioInvenu, fourteen companies that have received federal SBIR/STTR Phase I, Fast-Track or Direct to Phase II award/contracts were awarded grants of $25,000. CSIT Chairman Gunjan Doshi is excited about the long-term effects that this support can have on the state and these companies. “New Jersey’s emerging businesses are generating an abundance of innovation and supporting them as they tap into the federal SBIR/STTR programs will have lasting economic effects at both local and global levels.” All the awardees fell into one of Governor Phil Murphy’s high-wage, high growth focus areas outlined in his economic development strategic plan: technology, life sciences, clean energy, and advanced manufacturing.
More than two-thirds of the awardees have an affiliation with New Jersey universities. CSIT Executive Director Judy Sheft noted, “the combination of our state’s highly-talented workforce and our world-class research universities make New Jersey the ideal spot for innovative companies to succeed. We are very encouraged to see such a high percentage of applicants benefiting from partnership opportunities with these universities as they work toward commercialization.”
Andluca Technologies is a Princeton University spin-out founded by Princeton Professor Yueh-Lin (Lynn) Loo and CEO Nicholas Davy. Professor Loo is director of the Andlinger Center for Energy and the Environment at Princeton. Andluca has an exclusive license with Princeton to commercialize the transparent organic solar cell developed by Loo, Davy, and research partner Melda Sezen-Edmonds, to serve as onboard power supply for a smart window.
Onboard power supply in a smart window represents a unique value proposition in the space. As municipalities, utilities, and private corporations look to continue reducing carbon emissions associated with buildings, deep energy cuts become vital. Much of the low-hanging fruit (i.e. lighting) has been addressed, and now in many cases the building envelope must be improved to meet long-term emissions reduction targets. The wireless smart glass product Andluca has produced is situated to increase thermal insulation, reduce energy costs, and improve the wellness of occupants.
About Andluca Technologies:
Andluca, a Princeton University spin-out, has developed UV-solar-powered smart glass for improving the energy efficiency of buildings. Andluca’s patented technologies can reduce building energy use by up to 40% while significantly enhancing occupant comfort and productivity. Unlike available wired smart glass products – which require major renovation and installation by an electrician – Andluca’s wireless smart glass can be installed quickly and non-disruptively. Learn more about Andluca here: https://andluca.com/
In August 2018, Governor Murphy signed legislation re-establishing the former New Jersey Commission on Science and Technology as the CSIT. Comprised of representatives from the public and private sectors, as well as academia, the Commission is tasked with leading the way in promoting the state as a home for academic and technological research, development, and commercialization.
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