Announcing Six Winners of the Third Annual Manning/IALS Innovation Awards : Institute for Applied Life Sciences – UMass News and Media Relations

The University of Massachusetts AmherstsInstitute for Applied Life Sciences (IALS)has announced that six campus research teams have been named recipients of the 3rd annualManning/IALS Innovation Awards. These translational grants are designed to advance applied research and development efforts from UMass-based faculty research groups in the sciences and engineering through the development of spin-out/startup companies and the out-licensing of UMass intellectual property.

Alumnus Paul Manning and his wife, Diane, committed $1 million through their family foundation to establish theManning Innovation Program. The gift provides three years of support in advancing a robust and sustainable commercialization pipeline of applied and translational research projects from UMass Amherst.

Peter Reinhart, founding director of IALS, says, We are grateful to the Manning Family Foundation and Paul Manning for their support of this exciting translational initiative. This seed fund program enables UMass Amherst start-up companies to traverse the funding valley of death towards success.

Six projects were selected from a highly competitive group of applicants. Each successful team will receive seed funding of up to $100,000 over 12 to 18 months towards achieving translational milestones. In addition, a collaborative effort from IALS, the College of Natural Sciences, the Berthiaume Center for Entrepreneurship and the Isenberg School of Management will provide support for commercialization efforts, including business training and mentorship resources.

The winning team leaders and their projects are:

View original post here:

Announcing Six Winners of the Third Annual Manning/IALS Innovation Awards : Institute for Applied Life Sciences - UMass News and Media Relations

Related Post

Comments are closed.