Grow Bioplastics secures its first Phase I SBIR award

Grow BioplasticsGrow Bioplastics announced yesterday that the Knoxville area start-up had just won a Phase I Small Business Innovation Research (SBIR) award from the National Science Foundation.

It is the first such award for the company co-founded by Tony Bova and Jeff Beegle. Up to now, the start-up that is focused on developing lignin-based biodegradable plastics for agricultural applications had relied almost exclusively on monies won in pitch competitions around the country.

To learn more about the $225,000 award, read yesterday’s news release from Grow Bioplastics (Grow Bioplastics SBIR Award). We’ll also have a broader update on the company in the next week.

Tom Ballard

By Tom Ballard, Chief Alliance Officer,
Pershing Yoakley & Associates. P.C.

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