Three professors from the Department of Civil, Environmental and Architectural Engineering were among 10 teams of University of Colorado Boulder faculty, researchers and graduate student innovators awarded $125,000 each in this year’s Lab Venture Challenge (LVC).
This year, 14 teams of University of Colorado Boulder faculty, researchers and graduate student innovators competed for a combined $1.25 million in startup funding grants. Judges from CU Boulder’s entrepreneurial network heard Shark-Tank-style pitches across two nights, one for innovations in biosciences and another for physical sciences and engineering.
LVC supports projects that address a commercial need, have a clear path to a compelling market and have strong scientific support. The LVC grants are funded by the Colorado Office of Economic Development and International Trade (OEDIT) Advanced Industries Program, as well as Venture Partners at CU Boulder and the Chancellor’s Innovation Fund.
