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Commercialization Pathway Awards
Commercialization Pathway Awards, which are generally awarded in amounts between $5,000 to $20,000, are intended to advance projects through initial ideation and development stages.
Wake Forest Innovations provides Commercialization Pathway Awards based on an assessment of the unmet medical need a technology addresses and the commercial potential of the end product, a process guided by advice from key opinion leaders, including industry experts.
The Catalyst Fund is a $15 million technology development program created by Wake Forest Baptist Medical Center to accelerate the development of innovative life science technologies invented by its faculty and staff. The Center for Technology Innovation & Commercialization supports and facilitates the Catalyst Fund, which is managed by Pappas Capital, a leading life science investment firm in Durham, North Carolina.
Wake Forest Innovations and a steering committee of leading scientists and industry experts provide advice on investment decisions by the Catalyst Fund.
- Federal government grants, including funds from the Small Business Innovation Research (SBIR) and the Small Business Technology Transfer (STTR) programs
- North Carolina Biotechnology Center, which awards funds—many of which feature recurring and/or rolling deadlines—to support academic research and development with institutions in the state
- North Carolina state grants, including sciGrants, Small Business Innovation Research matching funds and others