Washington for-profit and non-profit organizations will receive $1.1 million in Proof of Concept grants to foster the translation of health-related products from the laboratory into the commercial marketplace. Click here to read the press release.
The LSDF Board of Trustees is deferring an award decision for the Entrepreneur Mentoring Program grant pending additional due diligence.
LSDF is now accepting Proof of Concept grant pre-proposals from Washington for-profit and non-profit organizations.
Proof of Concept grants provide up to $250,000 in total costs to enhance the commercial viability of health-related technologies or concepts developed by non-profit organizations or enhance the competitiveness of early-stage companies for private equity investment.
Update October 30, 2013: LSDF has increased the total allocation for Proof of Concept grants to up to $4.5 million. LSDF’s intent is to distribute up to $1.5 million in each of three award cycles through August 2014.
LSDF invests in research and development across Washington to achieve its mission of providing better health, promoting economic growth, and enhancing research competitiveness statewide. Click to learn more about how LSDF is:
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