Now that it has been over a week since the gov­ern­ment shut­down, the public is starting to realize just how promi­nent a role our nation’s leaders play. Not only has the shut­down affected local tourist attrac­tionsuni­ver­sity research and the Panda Cam at the National Zoo, it has also delayed the funding for startup com­pa­nies that receive finan­cial assis­tance from universities.

Richard Ranky, founder and CEO of 3-​​Spark, has expe­ri­enced the effects of the gov­ern­ment shut­down directly. His com­pany, which makes 3D printing more acces­siblethrough cir­cuit boards and sen­sors, receives funding from Ranky’s alma mater, North­eastern University.

They play a large role and we would not have gotten this far without them,” Ranky told BostInno, ref­er­encing North­eastern. 3-​​Spark, which offi­cially formed in Sep­tember 2012, ini­tially received $100,000 from North­eastern. Since then, the com­pany has con­tinued to look for funding through gov­ern­ment grants, pri­vate investors, accel­er­a­tors and “any­where we can find funding” Ranky said.

3-​​Spark applied for a National Sci­ence Foun­da­tion (NSF) Small Busi­ness Inno­va­tion Research grant in June and offi­cial review started Sep­tember 10. SBIR grants are one of mul­tiple classes of grants that are avail­able through the NSF. According to the SBIR web­site, these grants do not require, but do encourage, part­ner­ship with a research insti­tu­tion. 3-​​Spark has chosen to sub­con­tract to North­eastern. Unfor­tu­nately, the review has slammed to a halt thanks to the gov­ern­ment shutdown.

 

Read the article at BostInno →