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Causes: Science & Technology, Technology
Mission: Our mission is to accelerate and increase the volume of knowledge/technology transfer, commercialization in support of high growth business, economic impact and entrepreneurship; ultimately to maximize the commercial potential of promising inventions. In order to assist in the most relevant ways, we have designed three alternatives to assist research institutes, including universities, foundations, hospitals, as well as federal labs.
Programs: Space race - the national aeronautics and space administration (nasa) is launching "startup nasa", a new initiative to encourage the use of federally funded technologies by start-up companies. "startup nasa" includes the opportunity for new companies to license nasa technologies with no up-front payment and kicks off an effort with the center for advancing innovation (cai) to encourage more space technology spin-offs by entrepreneurs. Startup nasa helps address two of the biggest challenges faced by start-up companies: raising capital and securing intellectual property rights. By eliminating up-front licensing fees, nasa is letting new companies hold onto their cash while securing the intellectual property rights needed to secure their competitive market space. This benefit is available to companies formed to commercialize nasa technology. In addition, to foster the creation of new start-up companies and encourage adoption of nasa technologies, nasa will work with the cai to run a multi-phase business plan competition in 2016. Cai will review nasas portfolio of technologies and identify those that have near-term commercialization potential. Cai will conduct teams to explore the market potential of the technologies and write business plans. The winners of the be awarded a cash prize, provided by third-party venture capital investors, and will be encouraged to incorporate and pursue licensing the technologies from nasa, using their winnings as seed funding for the new business. Business.
nano - the center for advancing innovation and the national institutes of health's national cancer institute have partnered to launch the nanotechnology startup challenge in cancer. This challenge features inventions conceived and developed by scientists at the national institutes of health and is also open to teams that bring other promising cancer nano-technology inventions. The goal of the challenge is to accelerate and increase the volume of commercialized cancer nanotechnology by launching new startups. More information on the challenge details can be found on our website.