Proposals for 2017 Starter Awards are due to the Michigan Translational Research and Commercialization (MTRAC) Innovation Hub for AgBio on December 9th, 2016. Applicants are asked to submit requests for proposal information and forms or questions regarding the application process to Karen Studer-Rabeler (517.884.1824) or Melanie Adkins (517.884.1659)
Accelerating commercial development of AgBio projects and housed at MSU, the statewide MTRAC Innovation Hub for AgBio is the first in a series of specialized statewide commercialization programs with in-depth domain expertise in specific areas of research expanded to accept funding applications from researchers at any Michigan institutions of higher education, non-profit research centers, and hospital systems.
Supported by the MSU Innovation Center and the Office of the Vice President for Research at MSU, projects are reviewed and scored for funding consideration by an oversight committee comprised mainly of AgBio investors and industry representatives. Committee members also provide critical and ongoing project mentoring.
To date, all the MTRAC programs across Michigan (including precursors to the Hub Program) funded 95 projects, helped develop 18 startup companies and projects, created 53 jobs, secured $32.4 million in funding, and licensed technology to three Michigan companies.
MEDC’s Entrepreneur and Innovation Initiative establishes Michigan as the place to create and grow a business by providing high-tech startup companies with access to a variety of critical resources, such as funding and expert counsel, from ideation to maturation. Administration of the MTRAC program for the Michigan Strategic Fund is part of this Initiative.