HPD awarded a Competitive Grant by the National Science Foundation

HPD has been awarded a National Science Foundation (NSF) Small Business Innovation Research (SBIR) grant for $225,000 to conduct research and development (R&D) work on a human head mimic phantom to standardize neurostimulation therapies, such as transcranial magnetics stimulation (TMS) and transcranial direct current stimulation (tDCS).

Both techniques show significant potential for treating Alzheimer’s and Parkinson’s disease, and improving post-stroke and traumatic brain injury rehabilitation, but treatment protocols can have varying results due to differences in brain anatomy between patients. A TMS/tDCS head mimic phantom will broaden the clinical application of TMS and tDCS by enabling scientists to obtain a more quantitative understanding of electrical excitation and pathways in the human brain.

“The National Science Foundation supports small businesses with the most innovative, cutting-edge ideas that have the potential to become great commercial successes and make huge societal impacts,” said Barry Johnson, Director of the NSF’s Division of Industrial Innovation and Partnerships. “We hope that this seed funding will spark solutions to some of the most important challenges of our time across all areas of science and technology.”

“HPD is very excited to be selected to develop these phantoms for neurostimulation therapies”, says William Hollander, CEO of HPD. “We provide quantitative standards for imaging diagnostics and therapies. These new phantoms will complement our growing line of commercial qMRI phantoms.”

The National Science Foundation (NSF) awards nearly $190 million annually to startups and small businesses through the Small Business Innovation Research (SBIR)/Small Business Technology Transfer (STTR) program, transforming scientific discovery into products and services with commercial and societal potential. The non-dilutive grants support research and development (R&D) across all areas of science and technology helping companies de-risk technology for commercial success. The NSF is an independent federal agency with a budget of about $7 billion that supports fundamental research and education across all fields of science and engineering.

To learn more about the NSF SBIR/STTR program, visit:

               www.nsf.gov/eng/iip/sbir/home.jsp



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High Precision Devices, Inc.
1668 Valtec Lane, Suite C Boulder, CO 80301 USA
Phone: +1-303-447-2558 Email: info@hpd-online.com