The National Science Foundation (NSF) is an independent federal agency that supports fundamental research and education across all fields of science and engineering, with an annual budget of $5.91 billion. NSF funds reach all 50 states through grants to nearly 1,700 universities and institutions. Each year, NSF receives about 40,000 competitive requests for funding, and makes nearly 10,000 new funding awards. The NSF also awards over $400 million in professional and service contracts yearly. Its SBIR/STTR program was the first in the nation and is tasked with leveraging federal dollars to stimulate research at small business to bring new technologies to the market. www.nsf.gov.
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