CoMotion Innovation Fund
CoMotion Innovation Center
4545 Roosevelt Way NE
Seattle, WA 98105
Purpose of Initiative
The CoMotion Innovation Fund is a partnership between CoMotion and the Washington Research Foundation which provides up to $1 million per year for applied research as a bridge between research grants and seed stage investments. The program seeks to fund projects with a high chance of being commercialized but require gap funding to do so. Successful projects have focused on creating prototypes, completing software coding or user interface development, initiating beta testing, researching customer demand, and researching and validating markets.
A proposal must be submitted by a UW Principal Investigator (PI). A PI may submit only one application as PI or Co-Pi per round.
Applications are accepted twice a year in the Spring and Fall. The application process is defined in more detail at the following website.
Grants of up to $40,000 are made under the program. An addition $10,000 can be awarded for business development milestones. Funds are awarded to researchers for up to 12 months and are released on a milestone-based schedule.
Commercialization Gap Fund
Ms. Sita Pappu, PhD
Assistant Vice President, Commercialization
Office of Commercialization
Washington State University
Purpose of Initiative
The Commercialization Gap Fund program provides support to Washington State University researchers with disclosed innovations that have a high degree of commercialization potential. Awards are intended to be a final funding step for near market-ready technologies in a number of fields including clean tech, engineering, human and animal health, agricultural and/or information technologies.
The application process consists of three stages: a letter of intent; a pre-proposal; and a full proposal. Full proposals for funding under the FY 2018 program were due November 3, 2017.
Awards of up to $50,000 are provided under the program, with a maximum of $5,000 of the proposed budget allowed for business development activities. Funding is distributed using a milestone driven process.
Updated by Rachel Werth in April 2018