SUNY Technology Accelerator Fund

Published October 12, 2017

AGENCY

SUNY Technology Accelerator Fund

PROGRAM

OBJECTIVES

The SUNY Technology Accelerator Fund (“TAF”) provides funding to support the advancement of SUNY technologies from the lab to the marketplace.  In many cases, SUNY technology developed through sponsored research lacks critical proof-of-concept data that is needed to attract investment by potential licensees or investors. 

TAF support targets the critical milestones needed to demonstrate that a technology is worthy of external investment.  Our aim is to identify opportunities where small investments will make a significant impact on making SUNY technologies available to the public.

ELIGIBILITY RESTRICTIONS

Projects from all disciplines are welcome to apply for TAF Class of 2018 funding. Only SUNY faculty, staff or students are eligible to apply for TAF funding. For a project to be eligible, you must have filed a completed UB New Technology Disclosure (NTD) form with UB's Technology Transfer office (formerly STOR).

The project leader must be an individual who has technology commercialization and project management experience, and has proved to be effective at tracking deliverables.The lead inventor does not have to be the project manager.

In general, only those proposals are funded which can demonstrate commercialization milestones achievable within six months. However, the TAF Managing Director may make an exception to this requirement if the applicant demonstrates that interim milestones can be reached within six months. 

Previously funded TAF projects are eligible for TAF Class of 2018 funding.

FUNDING INFORMATION

Awards up to $50,000 will be funded, but projects will be funded at the level deemed necessary to achieve the proposed project objectives.

INTERNAL REVIEW PROCESS

Since UB can submit just two applications, if you would like your project to be considered, please submit the following documents.  These documents will be reviewed by an ad hoc committee which will recommend to the Vice President for Research and Economic Development the two proposals with the best chance of being funded.

Submit the following for internal review

  1. A project narrative (three-page limit):
    • Provide a description of the technology (i.e. innovation) and its field of application.
    • Describe how the technology would impact the marketplace: need for product or service; market size; competitive advantages.  Include key data showing the technical feasibility of the technology.
    • Include key data showing the technical feasibility of the technology.
    • Describe to the proposed development plan that will position the technology for commercialization and how the TAF award would be critical for advancing the commercialization potential.  Describe potential licensees, interested companies or start-up opportunities.
    • Finally, include the STOR NTD number and title and associated patents or patent applications.  If the technology involves intellectual property other than patentable subject matter (e.g. copyright, software, biological material, etc.), please note as such.
  2. A brief CV for each project team member.
  3. Documentation of interest from at least two potential industry partners, investors or entrepreneurs.

Due to the limited number of applications, if you or your colleagues are interested in applying, please submit the internal review documents to Kenneth Tramposch at ovpr.limitedsubmission@research.buffalo.edu by December 8, 2017.  The two selected UB applications will be invited to submit a full proposal.

The full proposal deadline is February 16, 2018.

Since the university is allowed only two full applications, if you or your colleagues are interested in applying, please submit the internal review documents to Kenneth Tramposch at ovpr.limitedsubmission@research.buffalo.edu by Dec. 8, 2017. The two selected UB applications will be invited to submit a full proposal.

If selected, your proposal would be due Feb. 16, 2018.