AnalySwift Participates in Elevate Ventures Program Providing Matching Funds for Small Businesses
West Lafayette, Indiana (USA) – AnalySwift, LLC, a provider of efficient high-fidelity modeling software for composites and other advanced materials, is pleased to participate in a program offered by Elevate Ventures, which matches funds received from federal small business grants and contracts to small businesses. The matching funds complement existing projects aimed at improving the simulation of advanced composites. AnalySwift and other recipients were recently featured in an article by Elevate Ventures.
Offered at the federal level, the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs are highly competitive programs that encourage domestic small businesses to engage in Federal Research/Research and Development with the potential for commercialization. Through a competitive awards-based program, SBIR and STTR enable small businesses to explore their technological potential while meeting agency and industry needs.
The Indiana SBIR/STTR program is managed by Elevate Ventures in partnership with the Indiana Economic Development Corp.
AnalySwift has received five SBIR/STTR contracts since 2019, all aimed at improving simulation of composite materials and structures. These include Navy, Air Force, and three NASA SBIR/STTR contracts.