Minneapolis, Minnesota – Vikriti Management Consulting is excited to announce its recent award from the National Institutes of Health, awarded on September 11th, 2020. The award is a fixed priced contract given after a bid competition amongst other small “Administrative Management and General Management Consulting Services” businesses.
The award has been granted to Vikriti Management Consulting for the completion of Needs Assessments under the United States Department of Health and Human Services/ National Institutes of Health and The Small Business Innovation Research (SBIR)/ Small Business Technology Transfer (STTR) programs.
The SBIR/STTR programs are described as America’s Seed Fund and “are highly competitive programs that encourage domestic small businesses to engage in Federal Research/Research and Development (R/R&D) with the potential for commercialization. Through a competitive awards-based program, SBIR and STTR enable small businesses to explore their technological potential and provide the incentive to profit from its commercialization.” Vikriti will provide assessments and recommendations to NIH selected companies over 10 areas of commercialization.
The goals of this program are listed on the SBIR/STTR website as follows:
- Stimulate technological innovation.
- Meet Federal research and development needs.
- Foster and encourage participation in innovation and entrepreneurship by women and socially or economically disadvantaged persons.
- Increase private-sector commercialization of innovations derived from Federal research and development funding
- Foster technology transfer through cooperative R&D between small businesses and research institutions.
Vikriti’s main team for this project include: Jolly Nanda, Shelley Grace, Michele Zoromski, Steve Lauder, Scott Taylor, Jennifer Wiens, Michelle Lott, and Ayesha Rajan.