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By Elyse Ball  Spark Fund – a University of Akron Research Foundation initiative to fund prototyping and testing to lead to more technology licenses – has announced $255,000 in funding to support its first three funded projects.
Dr. Abraham Joy, at right, an associate professor of polymer science, and graduate students Kaushik Mishra and Cesar Lopezreceived funding to prototype and iteratively test a light-releasable medical adhesive. The 11-month project aims to produce a fully validated negative pressure wound therapy bandage to start FDA testing, as well as a scaled production process. The team was mentored by Dr. Gopal Nadkarni, an associate professor of mechanical engineering.
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By Lisa Craig, lmc91@uakron.edu  O2 RegenTech, a startup spun out of The University of Akron and originally founded by Dr. Nic Leipzig, has received $100,000 in funding from the Innovation Fund Northeast Ohio.
Leipzig, an associate professor in chemical and biomolecular engineering, was joined by Dr. Andreas Inmann, an experienced medical device entrepreneur to commercialize cost-effective, easy-to-use wound care solutions based on technology originally developed at Leipzig’s UA lab. The proprietary technology is used by O2 RegenTech in an initial product offering, OXAID™, as an oxygen-releasing, moist, antimicrobial dressing to promote chronic wound healing. By Lisa Craig, lmc91@uakron.edu For the first time in the history of the LaunchTown Entrepreneurship Awards, one university swept all three top spots — The University of Akron. Six finalists out of 30 teams made their final pitches and vied for $10,000 in total cash prizes at the 11th annual competition, held April 27 at The Bit Factory in downtown Akron. The event, which is sponsored by the Burton D. Morgan Foundation, is an idea competition for new businesses, products or services that is open to all students, majors, colleges and universities in Northeast Ohio. Additional sponsorship of the event was provided by the Akron Global Business Accelerator, a program of the city of Akron.  By Courtney Bosetti
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