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ATP Application Rate Holds Steady
Advanced Technology Program (ATP) officials announced that they have received 309 proposals in the 1996 ATP general competition, which closed in mid-September. Preliminary analysis of the proposals shows strong concentrations in a wide variety of technology areas, including biotechnology, electronics, chemical processing, computer hardware and software, energy and manufacturing.
Competitions in each of the last three years have received an average of 300 applications. Between $20-25 million in funding is expected to be distributed to winners. The announcement of projects selected for funding is expected in early 1997.