Massachusetts Small Business Development Center Network

 

Ascend Elements

  

AscendAscend Elements’ Cofounder/CTO Eric Gratz, then a postdoctoral fellow, came to the MSBDC for help with SBIR funding in 2015. Multiple meetings and proposal preparation helped the company secure STTR funds by the end of 2015. Over time, the MSBDC reviewed multiple proposals and venture documents. Nearly eight years later, the MSBDC SBIR program has assisted with multiple Phase I and Phase II SBIR/STTR funding, and equity investment totaling more than $90 million. The relationship with the company continues to this day.  

Ascend Elements is creating the future of sustainable battery manufacturing and recycling. The company was recently awarded Department of Energy grants totaling $480 million to open production facilities in Georgia and Kentucky. Part of this funding was included in President Biden’s recent battery initiative announcement.

"I worked with Dan in applying for our first ever NSF STTR award, which we received! We are currently working on phase 1 of the award and plan on using Dan's services when applying for phase 2. He knows all the 'hangups' that teams stumble on, working with him to eliminate these is one of the major reasons I feel that we succeeded." ~ Eric Gratz, Cofounder/CTO
 

www.ascendelements.com

Ascend Elements