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The Valley of Death is Real. Fear Not! Gap Funds Can Carry Projects Through It.

Authors

  • Staff Writer TechPipeline

Summary

  • There can be real hurdles between promising research and a technology that is ready to be incorporated into a product. Increasingly, TTOs have gap funds available to make the technologies more attractive to licensees.
  • Award amounts can range from a few thousand dollars to $250K. The goal is always to address what market information or datasets are needed by industry.
  • Milestone management is key. Regular touchpoints and releasing funding in stages make sure the work is focused on the commercialization path.

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