Featured Technology Transfer At The VA | VA Atlanta Health Care

Published on April 20th, 2022 📆 | 2551 Views ⚑

0

Technology Transfer At The VA | VA Atlanta Health Care


iSpeech

BRAVE funding is available through the Technology Transfer Program (TTP) flows from ORD to make the underlying VA inventions more attractive for licensing to industry. For example, funding could be used for a validation study, animal modelling, proof of concept, to support further development of a device, prototype development, etc.

BRAVE funding typically ranging from a smaller amount (example $10,000) to more significant funding (example $200,000), upon approval by the TTP Director. The outcome of the funded project is anticipated to make the invention more appealing from a commercial perspective or to move forward a product that will help Veteran’s. Historically, FY20 funded 12 projects at total of $1.36M and FY 21 funded 17 projects at a total of $1.8M. Most projects ranged from $10,000 to $100,000, with a few projects exceeding $100,000 but no more than $200,000. This type of funding is often distinct from the specific aims that a typical merit award may cover. Or it could provide an extra aim to an existing study that will assist in bringing the technology closer to commercial or veteran use.

In technology transfer, this is often referred to as “valley of death” funding necessary to develop an invention enough to interest commercial entities to license the technology. Talk to your VA TTP Specialist to learn more about this funding.





Source link

Tagged with:



Comments are closed.