University of Cincinnati Technology Commercialization Accelerator Accepting Applications

Applications are being accepted now through Sept. 1, 2014, for the fourth round of funding from the UC Technology Commercialization Accelerator.

The accelerator serves as a vehicle for significantly ramping up the commercialization activity of the university. Its primary focus is on identifying promising, early stage technologies; assessing those technologies to determine viable startup company opportunities; developing a commercialization strategy; and facilitating the work necessary to move the technology toward commercialization. This initiative receives support from the Third Frontier, UC 2019, Southern Ohio Creates Companies Pre-Seed Fund proceeds and CincyTech.

Since its formation in 2012, the UC Technology Commercialization Accelerator has aided in the formation of four new startup companies that are attracting external follow-on funding. The accelerator has also aided in attracting licensing interest of several established companies.

Successful applicants receive:

Advising from Entrepreneurs-in-Residence to increase commercialization outcomes.

Funding awards of $25,000 to $40,000 to advance the technical or business case.

Connections to external resources needed to add commercial value to the opportunity.

Applicants must have a technology developed at the University of Cincinnati which addresses a large unmet market need and offers a commercially viable solution. Only those with full-time faculty and/or staff status with a primary employment appointment at the University of Cincinnati are eligible to apply.

Applications will be reviewed by an external Commercialization Advisory Committee. Awards are made on a competitive basis and consider: market attractiveness, competitive advantage, strength of implementation team and implementation plan, potential economic impact and overall quality of the proposal.

via Technology Commercialization Accelerator Accepting Applications.

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