SUNY Technology Accelerator Fund accepting proposals until April 15
Faculty, staff, and students from all disciplines and campuses are encouraged to apply for SUNY Technology Accelerator Fund Class of 2022 funding. The deadline for submitting proposals is April 15, 2022. See TAF Class of 2022 Application and Administrative Guidelines.
The TAF Class of 2022 represents the program’s tenth year of helping SUNY faculty inventors and scientists turn their research into market-ready technologies. The program targets critical research and development milestones—such as feasibility studies, prototyping and testing—which demonstrate that an idea or innovation has commercial potential. The goal is to increase their attractiveness to potential investors.
A significant obstacle to the commercial development of university technology is the lack of funding for promising discoveries after government-sponsored support ends and before a licensee or venture-capital support is secured. The TAF program helps to bridge that gap for SUNY researchers.
Funded by SUNY, TAF investments are awarded through a competitive process that weighs several factors, including the availability of intellectual property protection, marketability, commercial potential, feasibility, and breadth of impact.
Since the program was launched, TAF has invested over $3.5 million and catalyzed the investment of an additional $15.9 million from external partners, including federal agencies, industry licensees and angel investors. This influx of financial support helped create 55 of SUNY’s most promising technologies across multiple key areas including Artificial Intelligence, Clean Energy, Biotechnology, Longevity, Substance Addiction, Nextgen Quantum Computing, Environmental Health, and Resiliency.
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