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NAICS 541713, industry

NAICS 541713: Research and development in nanotechnology

NAICS 541713 is the industry code for research and development in nanotechnology. Use it on loan applications, tax forms and registrations. Explore financing for professional services and start your application when you are ready.

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What 541713 covers

Companies here conduct research and experimental development in nanotechnology, working with materials and devices at the scale of individual molecules. Many are early stage startups or university spinouts commercializing new materials, coatings or nanoscale devices.

Included in this code

  • Nanomaterials research
  • Nanoscale device development
  • Nanocoatings R&D
  • Nanobiotechnology research
  • Nanoelectronics research

Not this code

Businesses that use 541713

Nanomaterials startupUniversity spinout labNanocoating developer

Financing for this trade

Nanotech R&D companies lean on non dilutive funding such as SBIR and STTR grants, equipment financing and leases for clean room and characterization tools, and venture debt once they raise equity. Lenders look at grant and contract backlog, investor backing, cash runway and the resale value of lab equipment.

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Is 541713 the right code for a nanotechnology research company?

Yes, if your main activity is research and development in nanotechnology, meaning work that manipulates matter at the nanoscale to create new materials, devices or processes. Nanobiotechnology belongs here too. If your research is biotech without a nanoscale focus, use 541714. If you are already manufacturing commercial products, a manufacturing code fits better.

What is the SBA size standard for 541713?

SBA sets the size standard for 541713 at 1,000 employees, based on average headcount over the past 24 months and counting affiliates. Nanotechnology R&D companies at or under that figure qualify as small businesses for SBA 7(a) and 504 loans, SBIR and STTR awards and federal small business set asides. Revenue does not matter for this test, only headcount.

How do nanotechnology startups fund R&D?

Most combine SBIR and STTR awards with equity, then add venture debt and equipment financing for instruments like electron microscopes and deposition tools. Lenders and venture debt funds look closely at cash runway, investor quality, grant backlog and the market value of lab equipment, since revenue is often limited early on.

What does NAICS 541713 cover?

Research and development in nanotechnology. Industry level code in NAICS 2022, under 54 Professional, scientific, and technical services, 541 Professional, scientific, and technical services, 5417 Scientific research and development services, 54171 Research and development in the physical, engineering, and life sciences.

What financing do NAICS 541713 businesses use?

Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for professional services businesses. Start an application and the AI matches the deal to lenders that fund this code.

Where do I put NAICS 541713?

On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.