12/12/2025
US Small Business Research Funding in Limbo
New on the blog: Cindy Clark, the Foundation's Director of Commercial Initiatives and Strategy, breaks down why “America’s Seed Fund” is at risk and what this means for innovations like focused ultrasound nationwide.
The Fund—comprised of the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs—has helped advance life-changing treatments, contributing more than $40 million to focused ultrasound small businesses since 1985. However, as of Sept 2025, SBIR/STTR has expired, new awards are paused, and NIH continuations are on hold until reauthorization.
Click here to learn what’s next for focused ultrasound innovators and how you can reach out to the Foundation if your company has been affected: https://www.fusfoundation.org/posts/us-small-business-research-funding-in-limbo-pending-government-reauthorization/