Non-Dilutive Funding for Proof-of- Concept and Early Stage Tech Business Development William S. Mellon Professor of Pharmaceutical Sciences And Associate.

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Presentation transcript:

Non-Dilutive Funding for Proof-of- Concept and Early Stage Tech Business Development William S. Mellon Professor of Pharmaceutical Sciences And Associate Dean for Research Policy

Innovation & Economic Development Research Program (I&EDR) The Graduate School’s Technology Transfer Grant Program; I&EDR: - Competitively awards grants (max, $50,000)* - Funds research proposals; technically innovative, interest to broad economic sector, high potential for WI economic development - Requires WI private sector support - Promotes technology transfer

Innovation & Economic Development Research Program (I&EDR) (continued) One application deadline per year Research Technology Committee review: - technically innovative, high application potential - preference for small business partners - must stress economic impact - technology transfer plan; what are the deliverables? - IP managed via UW-Madison policies/procedures

Robert Draper Technology Innovation Fund (TIF) Grants Competitively awards grants (max, $50,000) Provides a mechanism to bring ideas and inventions to patent and licensing stage Also supports efforts to enhance the scope or patentability of inventions UW-Madison invention disclosure accepted by WARF Four application deadlines per year

Robert Draper Technology Innovation Fund (TIF) Grants (continued) After WARF accepts Invention Disclosure Report for further patenting, licensing, or copyrighting - Reviewed for licensing potential, scientific and technical merit - School/College technology transfer representatives - Submission to Graduate School - WARF committee review

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