There are three primary types of commercialization funding we encourage University researchers to apply for. The first, the Commercialization Engine Grant program, comes directly from the University. The second, SBIR and STTR grants, are U.S. federal grants for startups. The third, seed and investment funding, come from outside angel or venture capital entities.
The Commercialization Engine has milestone-based funding available to help develop and de-risk technologies that meet certain requirements.
The U.S. SBIR and STTR grant programs require eligible governmental agencies to set aside a percentage of their budget to fund research within small businesses that has a high likelihood of becoming successfully commercialized.
Learn about funding options once your invention has reached the stage it needs outside investment.