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.
The UT Research Foundation and AgResearch at the UT Institute for Agriculture have selected five researchers/research teams from UT Knoxville and the UT Institute of Agriculture to receive technology development grants for 2011.