Florida State University (FSU) researchers in five project areas are receiving financial support from the university to market their respective research projects commercially, the school announced this week.
Projects that are to be funded through this program include a treatment candidate for cognitive inflexibility, computational drug discovery, a hybrid li-ion battery and capacitor, nanostructured permanent magnets, and organic light emitting diodes (LED).
The university awarded a combined $155,000 across all five projects.
“We have some outstanding faculty at Florida State,” FSU Vice President for Research Gary Ostrander said. “This program gives them the financial support to help move their ideas to the next level and explore business opportunities that could arise from their research endeavors.”
A panel of local business leaders, the Office of Commercialization Director Brent Edington, and Ostrander determined the winners after 10 researchers presented their projects.
The GAP Grant from FSU is a competitive program that aims to support research projects from FSU faculty that have potential on the commercial market. Over the past 10 years, approximately $2.2 million has been awarded to various projects that include food contamination testing kits and treatments for cancer.