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TECK Fund Round 3 - Closed

¾«¶«Ó°Òµ University and Cleveland State University are pleased to announce Round 3 of a unique collaborative effort to help move technology and innovation from our laboratories and research facilities to commercial markets. ¾«¶«Ó°ÒµTeCK Fund will be funded with $600,000 – half from the State of Ohio’s Third Frontier Fund, and $150,000 apiece from KSU and CSU – with an additional $300,000 of funding that was awarded this year from the Ohio Third Frontier Commission. ¾«¶«Ó°ÒµTeCK Fund provides faculty pursuing applied research projects with funding to assist with commercialization activities, including prototype creation, third-party validation, and market research, which are required to successfully spin off technologies. Grants range in size from $25,000 to $100,000, and must be used to validate university owned technology, build prototypes and analyze commercial market potential, all with an eye towards creating jobs and opportunities in Ohio.

¾«¶«Ó°ÒµTeCK Fund is jointly administered by Cleveland State University and ¾«¶«Ó°Òµ University.

Applications will be reviewed in a two-stage process:

• Step 1: Download the 2-page, fillable pre-proposal application. After completion, please submit by email to Denise Joseph djosep12@kent.edu 

Applicants approved by the Screening Committee will be invited to submit a formal 6-page application. Applicants who are rejected by the Screening Committee are invited to make revisions as recommended by the Screening Committee and reapply.

• Step 2: Formal applications will be reviewed by a Selection Committee. Thorough due diligence will be conducted by the Selection Committee. This Committee is expected to meet quarterly, and great care should be used for the application. ¾«¶«Ó°ÒµSelection Committee will expect applicants to have conducted interviews with potential customers and participation in the I-Corps program is strongly encouraged. ¾«¶«Ó°ÒµTechnology Commercialization Office at KSU will be happy to assist in the preparation of the formal application.

Successful applicants will be expected to review progress on a regular basis with the Technology Commercialization Office. It is the intent of this program to help create successful startup companies, or license agreements, for ¾«¶«Ó°Òµ intellectual property.

Please do not hesitate to contact Michael Kavulic at 330 672-5845 or mkavulic@kent.edu with any questions or concerns. We look forward to working with you!