WSU seeks to provide a comprehensive solution to the cultural, technological and financial challenges associated with the translation of innovative early stage technologies from academia to the marketplace.  The Technology Development Incubator (TDI) program provides the infrastructure to accelerate the feasibility studies necessary for licensing, industry partnerships and start-up opportunities.

The objective of the Incubator program is to provide qualified technologies with the support necessary to undertake prototype development, proof of concept and validation studies.  The award of such funding would be based on the market and commercialization opportunities together with a milestone-driven technology development plan with clear no-go decision points.  Funding would be directed not only to internal research but also to the outsourcing of activities (e.g. toxicity & pre-clinical studies, prototyping, etc.).  The goal is to support approximately 5 to 10 projects per year with an average award of approximately $10,000 to $35,000 per project.

Critical to the success of the program is not only the financial support for early validation studies but also access to industry mentors and consultants to provide insights into market opportunities and guidance on technology development and commercialization road maps. A critical component of the TDI is to leverage the expertise of industry advisors.  WSU has recruited consultants with industry, investment and entrepreneurial experience to review and guide in the funding decisions as well as mentor awarded faculty in defining technology development and commercialization milestones.  

Letters of Intent are due by Oct. 25, 2013. To view the full announcement, please visit here.