The University of Akron Research Foundation is unveiling a new program called the Spark Fund to help develop new innovations and technologies among graduate students and faculty.The program, which aims to foster innovations leading to university start-ups, will pay to prototype and test five to seven innovations in 2017, thanks to matching funding from the Ohio Third Frontier Technology Validation and Start Up Fund. The total Spark Fund is $500,000.”The Spark Fund aims to jump-start a lot of upcoming innovations,” said spokeswoman Elyse Ball in a release.The program will award funding to University of Akron faculty and students who develop innovations or technologies that demonstrate a customer need, customer base and sizeable market.
Source: University of Akron unveils program to fund student, faculty innovations | cleveland.com
