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Home > News > ITN Awards Over $75,000 in Faculty and Private Sector Commercialization Projects

ITN Awards Over $75,000 in Faculty and Private Sector Commercialization Projects

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Harrisburg, PA 05.05.09// - The Innovation Transfer Network (ITN) is pleased to announce $78,715 in Seed Assistance Grant (SAG) funding for faculty and private sector commercialization projects in South Central Pennsylvania. Eight faculty members across six ITN partner colleges and universities were awarded grants of up to $10,000 with five projects involving business partners.

The ITN connects faculty and private sector partners in an effort to drive commercialization in the region. The organization works together with entrepreneurial faculty to provide companies with an injection of expertise across a wide array of industries including computer software, biodiesel, healthcare, and energy. Projects involve deliverables such as prototype development, product development, and market research.

In addition to grant activities, the ITN hosts networking events across a broad spectrum of industry sectors as well as support for intellectual property and technology transfer activities. The organization’s outreach includes member institutions of higher education in Cumberland, Dauphin, Lancaster and Lebanon counties, harnessing the intellectual capital of nearly 3000 faculty members.

In 2008, 14 grants were funded totaling $127,000. According to Dr. Sairam Rudrabhatla, Assistant Professor, School of Science, Engineering and Technology at Penn State Harrisburg, “The ITN grant I received in 2008 allowed me to validate the energy-producing capabilities of the Jatropha plant and escalated my work with industry leader Freedom Energy. As a result of the grant, Freedom Energy and I have continued our business relationship and are in the process of securing significant outside funding in the area of alternative energy.”

The Grants are funded through a Keystone Innovation Grant (KIG). The KIG program is a joint effort of the Lancaster Keystone Innovation Zone (KIZ), administered by the Lancaster Chamber, the Harrisburg Market KIZ, administered by Capital Region Economic Development Corporation (CREDC) and a collaboration of thirteen higher education institutions. Both the KIG and KIZ initiatives are overseen by the Pennsylvania Department of Community and Economic Development (PA DCED).