NEW HAVEN, Conn., March 6, 2019 /PRNewswire-PRWeb/ -- The Connecticut Bioscience Pipeline program, a partnership
Applications for this first round must be submitted by 5:00 p.m. ET on April 26.
"We are proud to work collaboratively with our university colleagues to identify innovative concepts and ideas that can ultimately become the next great businesses based in our state," said Hadi Bozorgmanesh, Co–Executive Director, UConn Entrepreneurship and Innovation Consortium, and Professor of Practice, School of Engineering, University of Connecticut.
The Bioscience Pipeline program is managed by a leadership council consisting of members from the participating Connecticut universities. Eligible applicants include established companies, faculty or student teams and groups, all of whom must have an association with a Connecticut university.
"Too often, bold ideas and initiatives are not progressed or commercialized due to lack of early-stage funding," said Christopher Loose, Executive Director, Center for Biomedical Innovation and Technology (CBIT), Yale University. "In partnering with our neighboring universities and with support from Connecticut Innovations, we are working to ensure that business ideas born in Connecticut have the best opportunities to succeed."
The selection criteria for project grants include:
Applicants associated with university-based intellectual property, recent alumni, researchers, incubator companies and others with university connections will be considered as well. Applicants in the fields of pharmaceuticals, biopharmaceuticals or fundamental biology will not be considered.
"By joining forces and leveraging the collective resources of the state and those of our academic institutions, we are excited to have the opportunity through this program to play a role in helping convert innovative ideas into legitimate business and investment opportunities," said Richard Stahl, Senior Associate Dean for Strategic Relations at Quinnipiac University's Frank H. Netter MD School of Medicine.
SOURCE Connecticut Bioscience Pipeline
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