Funding received for initial launch and development
The prestigious SBIR Grant’s Phase I has been awarded to Fathomd. NSF SBIR/STTR program undergoes a rigorous merit-based review process.
Fathomd seeks to increase the adoption of pedagogically validated educational games that facilitate effective use of business concepts relevant to managing organizations. Fathomd believes that in the long term, such an empowered workforce will be more productive and innovative, thus driving U.S. economic growth.
“The National Science Foundation supports small businesses with the most innovative, cutting-edge ideas that have the potential to become great commercial successes and make huge societal impacts,” said Barry Johnson, Director of the NSF’s Division of Industrial Innovation and Partnerships. “We hope that this seed funding will spark solutions to some of the most important challenges of our time across all areas of science and technology.”
“Fathomd’s game development and distribution technology promises to increase the availability and effectiveness of interactive games used in higher education, with the goal of improving classroom interaction and knowledge retention,” said Özalp Özer, Chief Educator of Fathomd.