The TAF Class of 2022 marks the program’s eleventh year of assisting SUNY faculty inventors and scientists in commercializing their research. The program focuses on key research and development milestones, such as feasibility studies, prototyping, and testing, that indicate a product’s commercial viability. The idea is to make them more appealing to potential investors.
The lack of funding for promising discoveries after government-sponsored support ends and before a licensee or venture-capital support is acquired is a key impediment to the commercialization of university technology. The TAF initiative aids SUNY researchers in bridging this gap.
TAF investments are funded by SUNY and awarded through a competitive procedure that considers numerous aspects such as intellectual property protection, marketability, commercial potential, feasibility, and impact breadth.
TAF has invested over $3.5 million and triggered an additional $15.9 million from external partners, including federal agencies, industry licensees, and angel investors, since the initiative began. This infusion of cash aided the development of 55 of SUNY’s most promising technologies in fields like as artificial intelligence, clean energy, biotechnology, longevity, substance abuse, next-generation quantum computing, environmental health, and resiliency.
