News

Myconaut awarded NSF grant

Myconaut, providers of affordable, nutritious mushrooms for Northern Michigan University and local businesses, is also a biotech startup that Northern Initiatives is thrilled to support.

Founders Ryan Iacovacci, left, and Joe Lane are focused on “disrupting” the mycoremediation field by finding ways for fungi to heal soil and the National Science Foundation agrees they’re onto something.  The recently awarded Myconaut $275,000.

Myconaut is the first-ever PFAS mycoremediation research project funded by the NSF SBIR grant. The United States National Science Foundation Board approved Myconaut’s grant application for Phase I based on intellectual merit, the quality of initial research, and the broader impacts they see as possible with Myconaut’s technology successfully continuing development.

The award will create one research position and multiple contractor-based research positions over 12 months. This grant will contribute to the proof of concept for the PFAS pollution solution, establish the foundation for an AI pollutant remediation tool, and launch a seed fundraising round for the startup.

Read more here.

And watch this great video about the grow container Northern Initiatives helped them get!

 

More News Stories

After we sent a press release about the cuts to the Minority Business Development Agency and the funds we were using to provide integral assistance…
Read More
News Release For Immediate Release April 28, 2025 Socially and economically disadvantaged Michigan-based entrepreneurs and small businesses to be hurt by federal cuts Nearly $2…
Read More
Gene and Patty Hansen first opened Traverse City Guitar Co. “basically in a closet” and needed some money to stock the (tiny) shelves. It was…
Read More