President Obama’s announcement Friday that the UT Knoxville will lead the Institute for Advanced Composites Manufacturing Innovation, or IACMI, a $259 million public-private partnership, received ample media coverage locally and nationwide. Business journals in cities such as Boston, Chicago, and Atlanta featured stories on the institute which reflects a $70 million commitment from the US
UT Research Foundation News
On January 9, President Barack Obama announced that UT will lead the Institute for Advanced Composites Manufacturing Innovation, or IACMI, a $259 million public-private partnership. The Institute reflects a $70 million commitment from the US Department of Energy (DOE) and $189 million from IACMI’s partners. Supported by the Department of Energy’s Advanced Manufacturing Office in the Office of Energy Efficiency and Renewable Energy, IACMI joins four other institutes backed by the Obama administration in a recent push to accelerate advanced manufacturing.
An innovative disease detection technology developed by UT and UT Institute of Agriculture researchers is on its way to the marketplace.
The Wall Street Journal posted a story about an invention coming out of the university. According to the story, Meridian Bioscience, Inc., has entered into a technology and commercial license agreement with the University of Tennessee Research Foundation for the development of an innovative new technology that has the potential to result in a low
QuickSod swept the first-ever Tennessee Venture Challenge, claiming both the $25,000 overall prize and the $5,000 Crowd Favorite Award at the TVC Pitch Competition held by the UT Research Foundation on Thursday, April 3, at the Foundry in Knoxville. TVC is a business plan competition for the University of Tennessee community. To be eligible for the competition, potential startup companies must be commercializing intellectual property created at a UT campus or institute.
Beginning in February, several UT researchers will be competing for a chance to win $25,000 and the opportunity to turn their ideas into startup companies in the Tennessee Venture Challenge, a new business plan competition sponsored by the UT Research Foundation. UTRF will launch the challenge at 4:00 p.m. on February 4 with a kick-off party and workshop at the UTRF Business Incubator.
Technology developed by UT researchers that lights up cells to enable study of the effects of drugs and monitor disease is among The Scientist magazine’s top ten innovations of 2013. Most bioluminescent tests, or tests that light up cells, only temporarily generate a light signal. The UT technology genetically modifies the cells so they light up in response to specific stimuli that can be monitored over time.
The UT Research Foundation has announced the formation of a new business plan competition called Tennessee Venture Challenge. TVC is open to start-up companies engaged in commercializing intellectual property created at UT. Finalists will have a chance to win a share of the $25,000 in cash. The competition begins in April of next year.
The UT Research Foundation is accepting submissions for the seventh annual UTRF Maturation Funding program. Proposals are due to department research offices by close of business Friday, October 18. The program helps UT researchers further develop technologies that have potential for commercial success. Up to $15,000 in direct costs will be awarded to the highest ranking proposals.
For the first time, Facebook users will select the winner of UT’s Vol Court, a contest between aspiring entrepreneurs for cash prizes to launch their business. Voting is now under way and closes at 11:00 p.m. on November 13. The two final businesses in the competition are Credit Virgin, an online platform that helps students build good credit scores, and Find Food, a mobile application to help shoppers locate food items in a grocery store.