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Governor Bullock Announces Grants to Grow Montana’s Innovation Economy and Create High-Wage Jobs

Wednesday, July 27, 2016/Categories: Governor's Office/Tags:

Helena, Mont. – Governor Steve Bullock today announced $919,358 in grants to nine research projects in Missoula, Billings, and Bozeman to encourage innovation, cutting-edge research, and high-wage job creation.

“Montana’s diverse economy is strong and growing, and these technology projects will help create future business and job creation opportunities,” said Governor Bullock. “These cutting-edge investments in research ensure Montana remains a step ahead of other states in keeping pace with rapidly-changing global economy.”

The funding is being made available through the Montana Board of Research and Commercialization Technology (MBRCT). MBRCT supports economic development by investing in research projects that have a clear path to commercialization. The Board has funded 225 research projects totaling $42 million since 2001.

A study conducted by the Bureau of Business and Economic Research (BBER) found that the operations of MBRCT “have produced a larger, more prosperous and populous state economy, increasing the tax base since 2000, than would have existed in its absence.”

Full List of Grant Recipients:

Billings

  • Proof-of-Concept Study: Transdermal Delivery of Nutraceuticals (Jeff Golini, All American Pharmaceutical, Inc., Billings), $40,000

Bozeman

  • Light Emitting Diode Pumped Laser Array for Ultra-Spectral Imaging (Russell Barbour, Advanced Microcavity Sensors, Bozeman), $129,168
  • Mobile LiDAR Sensor for Large Area Methane Leak Detection and Monitoring (Mike Thorpe, Bridger Photonics, Inc., Bozeman), $84,775
  • An Unmanned Aerial System Proximity Sensing Platform (Doug Roberts, Flat Earth, Inc., Bozeman), $199,000
  • Direct Identification of Anti-Aging Small Molecules by High-Throughput Screening in Genome-Modified Human Stem Cells (Renee Reijo Pera, Montana State University, Bozeman), $107,500
  • Novel ERK Sensors for Use in Live Cell Based Drug Discovery (Shane Tillo, Montana Molecular, Bozeman), $154,924
  • New Ras-Selectively-Lethal Molecules for the Treatment of PANC and CRC Adenocarcinomas Harboring RAS Mutations (Charles Spangler, SensoPath Technologies, Inc., Bozeman), $111,720

Missoula

  • Completion of Pre-Clinical Testing Requirements for WT13-12, a Novel Anti-Bacterial Therapy (Thomas Rau, Wintermute Biomedical, Inc., Missoula), $77,271
  • Enhancement of Quantification and Visualization Techniques of Pore Networks in Rocks and the Interpretation of Pore Body Evolution in the Energy Industry (Marc Hendrix, AIM Geoanalytics, Missoula), $75,000

For more information about the Montana Board of Research and Commercialization Technology and the recent awards made by the board, please contact Dave Desch, executive director, at 406.841.2759 or visit mbrct.mt.gov.

The Montana Office of Tourism and Business Development markets Montana’s spectacular unspoiled nature, vibrant and charming small towns, breathtaking experiences, relaxing hospitality, and competitive business climate to promote the state as a place to visit and do business.

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