Louisiana agrees with the concept

Feb 19, 2014 •

Louisiana State University (LSU) gives the green light to $2m proof-of-concept (POC) fund to support innovation at the institution.

Louisiana State University (LSU) is set to provide a crucial lifeline to intellectual property with commercialisation potential following the approval of a $2m proof-of-concept fund for the institution.

The Leveraging Innovation for Technology Transfer (LIFT) fund will provide grants on a competitive basis of up to $50,000 twice a year, and is supported with proceeds generated from past LSU innovation licensed out from the institution. LSU intends to make the first wave of grants in June.

F. King Alexander, LSU…

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