Trask Innovation Fund application deadline set for Sept. 13

August 13, 2013  


WEST LAFAYETTE, Ind. - Applications for the Trask Innovation Fund are being accepted now through Friday, Sept. 13, to eligible Purdue University inventors who are prepared to move their innovation to the market.

The applications must describe commercially relevant work that can be performed over a six-month period that furthers the development of a Purdue-owned technology.

In this round of awards, selected projects from the Purdue College of Agriculture will have the opportunity to be awarded additional funding from Romney, Ind.-based Ag Alumni Seed Improvement Association Inc. 

The awards are competitive and must assist faculty and staff at all Purdue campuses to further the commercial potential of Purdue discoveries that have been disclosed to the Purdue Office of Technology Commercialization. Information about applications is available at http://otc-prf.org/node/337

The Trask Innovation Fund Advisory Council manages two rounds of funding each year. The council is composed of 12 members with representatives from the local business community, Purdue Research Foundation, Purdue University Office of the Vice President for Research and Purdue faculty. The Trask Advisory Council will meet Nov. 8 to determine this round's award recipients. Awards will be announced in mid-December.

Purdue University has innovations spanning from crop improvement, to alternative fuels, to biomedical devices, to new cancer treatments available for licensing through the Office of Technology Commercialization. For more information, call 765-588-3478, email otcip@prf.org or visit http://www.otc-prf.org

About Purdue Research Foundation

The Purdue Research Foundation is a private, nonprofit foundation created to advance the mission of Purdue University. Established in 1930, the foundation accepts gifts; administers trusts; funds scholarships and grants; and acquires property on behalf of Purdue. The foundation oversees the Purdue Office of Technology Commercialization, which operates one of the most comprehensive technology transfer programs among leading research universities in the United States. In the 1990s, the foundation was charged with helping the university in the realm of economic development. The foundation oversees the Purdue Research Park, which is the largest university-affiliated business incubation complex in the country.

About Purdue Office of Technology Commercialization

The Purdue Office of Technology Commercialization operates one of the most comprehensive technology transfer programs among leading research universities in the United States. Services provided by this office support the economic development initiatives of Purdue University and benefit the university's academic activities.

Writers:

Carla D. Smith, Steve Martin

Purdue Research Foundation contact:

Steve Martin, 765-588-3342, sgmartin@prf.org 

Source:

Vicky Montenegro, 765-588-3491, mvmontenegro@prf.org

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