Six small businesses from the Madison area will receive matching grants to commercialize their innovation as part of the Center for Technology Commercialization’s (CTC) SBIR Advance program’s latest round of funding, the organization announced today.

According to a release, Onexio Biosystems (Madison), Phran, LLC (Madison) and Stem Pharm (Fitchburg) will each receive a Phase I grant of up to $75,000, while Flexcompute (Madison), NCD Technologies (Madison) and PhylloTech, Inc. (Middleton) will each receive a Phase II grant of up to $100,000.

“SBIR Advance is an important tool to help young, technology-focused businesses move from the pure research phase into business development, sales and growth,” Wisconsin Economic Development Corporation Vice President of Entrepreneurship and Innovation Aaron Hagar said in a statement.

Since 2014, 88 awards totaling nearly $6.7 million throughout the state have been distributed.