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.
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.