The Faculty of Science is backing four entrepreneurial professors as they take their research out of the lab and into the marketplace.
Cecile Fradin, Jose Moran-Mirabal, Suleiman Igdoura and Mike Brook have been awarded a total of $180,000 in pre-seed funding plus an additional $100,000 of in-kind support through a partnership with the Provost’s Office and the McMaster Entrepreneurship Academy.
“Ask start-up founders about the keys to their success and they’ll talk about getting financial support early on when they faced no shortage of challenges,” says Gillian Goward, Associate Dean of Research for the Faculty of Science. “Our new seed-funding initiative for faculty gives that early support plus a vote of confidence in their research excellence and entrepreneurial ambitions. Our Faculty of Science is proud to be among the first investors in these companies.”
Gillian says the Faculty of Science’s funding can serve as a bridge until faculty apply to the McMaster Seed Fund. Launched in 2021 by the Office of the Vice-President Research, the McMaster Seed Fund has provided $3.5 million to 10 university start-ups through four rounds of funding.