The fund has an annual budget of $400,000 and will complement two other schemes under the university Chancellor’s Fund for Innovation and Collaboration.

University of Arkansas on Friday launched a new subunit of its Chancellor’s Fund for Innovation and Collaboration catered to faculty, graduate students and postdoctoral candidates who have completed its leg of the National I-Corps training program.
The Gap Fund will invest up to $400,000 each year across three bands – one pool offers up to $30,000 for prototype development and testing, while the others supply up to $35,000 for applicants completing a post-doctoral fellowship in commercialisation who are either…

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