The Spark Fund, an initiative of The University of Akron Research Foundation (UARF), has announced four $25,000 awards to support prototyping and testing for UA innovation teams. Spark Fund aims to help UA faculty generate the proof needed for their technology to be licensed to a scalable startup company.
The funded projects are:
“The Spark Fund takes research to the next level. It moves promising innovations one step closer to solving real-world problems and filling documented needs,” UA Vice President for Research and Business Engagement Suzanne Bausch said. “These projects represent a small sample of the amazing innovations UA faculty and students are working on in our labs.”
Dr. Bausch added that she looks forward to seeing more innovations funded by Spark Fund throughout 2023.
To qualify for Spark Fund, applicants needed to have a patent application or provisional patent application filed through UA's Office of Technology Transfer, show proof of principle or proof of concept work that indicates the technology is likely to work, and demonstrate an understanding of the potential market for the technology based on conversations with real customers completed through an I-Corps program.
Spark Fund is supported by the State of Ohio, Ohio Department of Development and Ohio Third Frontier.
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