Centers of Excellence Program to Provide Funding for both Professors and companies licensing tech transfer

Many are familiar with the Centers of Excellence program, a program that for over 20 years has provided grant funding to professors in our colleges and universities to help them take their technologies to market.

After recent legislative changes, the program has been refocused to help provide funding to the company that is licensing a university-developed technology. The intent of this funding is to help accelerate the process of taking these technologies to market. Companies of any size are eligible to apply, including startups as well as existing companies that are planning to create a new product or product line from the licensed technology.

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