Six startup companies will vie for $25,000 to help kick-start the commercialization of their ideas in the Tennessee Venture Challenge on Thursday, April 3. The UT Research Foundation will host the inaugural event from 3:00 to 5:30 p.m. at The Foundry, 747 Worlds Fair Park Drive. The event is free and open to the public. Come learn more about the exciting research and ideas coming out of the university.
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.
The Knoxville News Sentinel featured a professor who hopes his cutting-edge research with bioluminescent zebrafish leads to cures for some
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.
This year the UT Research Foundation is awarding $120,000 to eight inventors. Two professors are recipients of the maturation awards. Steve Ripp, research assistant professor in the Center for Environmental Biotechnology, received support for developing bioluminescent zebrafish as a tool for high-throughput drug screening. Ziling (Ben) Xue, professor in chemistry, received an award for a novel chemical sensor with high sensitivity toward biodiesel contaminant in jet fuel and diesel.
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 University of Tennessee Research Foundation (UTRF) has announced Jarett Abramson as the organization’s senior staff attorney. Abramson has been working in intellectual property law since 1998. Prior to joining UTRF, he served as senior counsel for Dow AgroSciences in Indianapolis where he worked in intellectual property licensing, commercial and intellectual property litigation, and drafting and prosecuting patent applications.
Chemistry Professor Jimmy Mays received a $600,000 grant from the National Science Foundation’s Partnerships for Innovation program, to see his new innovation, superelastomers, taken to market.
Responding to the challenge from national and state leaders to increase and encourage more innovation, the University of Tennessee helped establish nine startup companies based on technology developed by UT faculty over the last fiscal year, more than doubling the total from a year ago.
Seven teams of budding entrepreneurs will square off in the last session of “Vol Court” at 5:15 p.m. on Tuesday, November 15. The team with the best business idea will receive $1,000 to launch their business, space at the UT Research Foundation business incubator, and mentoring from the College of Business Administration’s Anderson Center for Entrepreneurship and Innovation—a prize package worth more than $5,000.