The MSU Innovation Center is proud to manage and administer the ADVANCE Grant Program sponsored by Michigan Economic Development Corporation (MEDC) on behalf of all public universities throughout the State of Michigan. This university early stage proof-of-concept fund is designed to closely align with other programs (e.g. MTRAC, T3N, First Capital Fund), as well as angel and venture capital within the State to provide a pipeline of de-risked technologies and fundable startup opportunities for further advancement. The ADVANCE Grant program, like MTRAC, will provide a strong incentive for faculty with early stage technologies at the Michigan public universities to engage with their university’s TTO and commercialization activities. Technologies, TTOs and inventors that receive funding under the ADVANCE Grant Program will benefit through achievement of critical early stage milestones such as proof-of-concept or market opportunity validation which will lead to follow-on commercialization activities.
For more information, please email program administrator Ms. Ann Spalding at firstname.lastname@example.org or phone 517.884.1605.