MTRAC Awards are a part of the MTRAC for Life Sciences Innovation Hub – a statewide program that accelerates the transfer of technologies from Michigan’s institutions of higher education to the private sector for commercialization. Made possible by the Michigan Economic Development Corporation, and co-managed by FFMI and U-M Office of Tech Transfer, the awards provide mid-stage, translational research funding and resources for proof-of-concept and late-stage translational studies with a high potential of commercial success.
MTRAC Awards offer funding in the range of $100K-$250K, with all awarded projects requiring a cost share from the investigator/institution. They are given once a year in January, with the call for proposals deadline in September. CLICK HERE to submit a proposal. Award winners receive regulatory guidance, business plan development, and mentorship from industry and investment experts.
Projects funded by MTRAC Awards enhance the internal innovation pipeline for long-term success in commercialization. And while invention reports and IP licensing are important milestones for MTRAC projects, positive impacts to human health – as well as job creation – are the ultimate measures of success. We invite you to browse our portfolio of successful projects and faculty innovators.