星空传媒鈥檚 Office of Research and Technology Management has a vast funding network available to inventors. Explore them below.
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Funding Network
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Opportunity |
Amount |
Details |
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$50,000-$200,000 /yr; Pilot grants <$25,000 |
Focus: Preparing projects for commercialization, technical feasibility, market feasibility and industry interest. Readiness within three to five years. 鈥 Must have Biomedical Engineering (BME) collaborator |
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$50,000/year wit a 1:1 cost match required (from non federal funding source) |
Focus: To accelerate and fund the translation of promising technologies into the marketplace through Ohio-based companies with the eventual goal of creating greater economic growth. The $500,000 fund will help faculty researchers advance and commercialize their innovations. 鈥 Late-stage validation/proof of technologies to enhance commercial viability. 鈥 Awarded by the Ohio Third Frontier and managed through the 星空传媒 Technology Transfer Office鈥 Follow-on Phase II funding available to startups (with license from 星空传媒) through Ohio Third Frontier |
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Up to $75,000/year |
Focus: Drug development 鈥 Eligible investigators are invited to present their projects to the council |
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Clinical and Translational Science Collaborative (CTSC) Annual Pilot Program |
$50,000/year |
Focus: To promote innovative research teams capable of interacting across institutions, schools, and disciplines to generate novel ideas and data on translational research projects |
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Awards of up to $10,000 for six months |
Focus: To promote the use of technologies and expertise afforded by identified core facilities available at all partner institutions. |
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$100,000/year, with an opportunity to qualify for up to $700,000 |
Focus: Drug development; project management and consulting services from experienced drug development personnel 鈥 Other disease specific grants available 鈥 Managed through University Hospitals |
Student Project Fund
The supports full-time undergraduate and graduate students for extracurricular, competition-based and entrepreneurial projects. Funds are meant to cover materials, equipment, manufacturing costs and other related expenses. Total disbursement is contingent on students submitting an interim report and final report describing the project鈥檚 progress and a record of expenditures.
External Funds
A variety of external funding sources are available to 星空传媒 inventors.
Innovation Fund
Founded by the Lorain Community College Foundation in 2007, has since expanded to North Carolina, Michigan and California. As of February 2019, Innovation Fund has committed more than $15 million to 273 Northeast Ohio startups, granted through two types of funding options.
Option A awards up to $25,000 for ideas that need validation/proof. Entrepreneurs can use the funding to develop or test a prototype, file patents, or get clinical trials started. Option B is a loan of up to $100,000 for developed technologies, often with a working prototype. Funding is used to attract initial customers, market test products, make key hires, and advance product testing. Both options must be matched dollar-for-dollar and if successful, the loan must be repaid.
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JumpStart Funds
JumpStart, an active venture capital investor, maintains funds to support the growth of high-potential startups and small businesses.
These funds include:
- JumpStart Evergreen Fund: A nonprofit fund that invests seed seed capital in the highest potential companies in Northeast Ohio. Investments start at $250,000. .
- JumpStart Focus Fund: A fund investing seed capital in tech-based companies led by female entrepreneurs and entrepreneurs of color and based in Ohio or willing to move to the state. Focus Fund investments typically start at $250,000. .
- JumpStart NEXT Fund: A for-profit venture fund that invests in early-stage Ohio-based technology startups. The fund is designed to make Series A investments typically in the range of $500k and $1.5M. .
North Coast Ventures
Northeast Ohio鈥檚 first professionally-managed angel fund, , is a contributed capital and 鈥渟idecar鈥 pre-seed investment fund that focuses on early-stage technology companies. .