The Technology
Development Fund
promotes the transfer and translation of UR research into commercial applications through monetary awards. In so doing, it
enhances the University's economic impact and
its mission of active dissemination of knowledge
to society.
Awards can range
from $40,000 to $100,000 to support projects of
approximately one year in duration. The Fund
supports technical and administrative staff salaries,
equipment, and supplies. It does not fund
faculty salaries or overhead. |
Qualified applicants include
any faculty member, post doctoral fellow,
graduate student, or other employee of the
University, who has submitted an Invention
Disclosure to the Office of Technology Transfer
(OTT) prior to or simultaneous with application
indicating intent to pursue commercial
opportunities.
The application
solicits information from applicants pertinent
to the fund evaluation criterion. The Screening
Committee, composed of potential coaches
and mentors with appropriate expertise from outside the University, are assigned the
task of reviewing and selecting the project(s)
with the best chances of advancing the technology's
commercial value. |