The University of Tennessee Research Foundation (UTRF) has selected nine researchers or research teams to receive technology development grants for 2011. Grant funds will allow researchers to further develop or “mature” their technologies so that they are better positioned for licensing and commercialization.
Researchers were invited to propose work on inventions and discoveries that had been previously disclosed to UTRF or to propose work on new inventions and discoveries. A total of 41 proposals were submitted from the four campuses and three institutes that make up the University of Tennessee. UTRF funded eight proposals for a total of $117,750. Funding for one additional program for $15,000 was provided by AgResearch at the UT Institute for Agriculture.
UTRF used a panel of subject matter and technology commercialization experts from across the state to evaluate both the technology and the development plan proposed by each researcher. UTRF also solicited advice from Technology 2020 and Innova Memphis, economic development organizations engaged by UTRF to assist with technology commercialization.
Full Story: MaturationFunds2011