The University of Michigan launches transportation technology commercialisation pilot M-TRAC.
The University of Michigan (UM) and the Michigan Economic Development Corporation have launched a new pilot project to accelerate the commercialisation of promising transportation technologies.
The Michigan Translational Research and Commercialisation (M-TRAC) programme will provide funding for promising research projects developed at UM’s College of Engineering and Transportation Research Institute out of an initial pool of $330k.
M-TRAC will be overseen by an 11 member committee, drawing on expertise from transportation, venture capitalist, and university sectors.
Gary Smyth, one of…