October 25, 2011 by Janet Perez, NMSU News Center
Researchers at New Mexico State University will get a helping hand in turning their ideas and prototypes into fully realized, commercial products.
NMSU’s Arrowhead Center is starting a new program called Launch, which aims to take near-to-market technologies — both high and low — being developed throughout the campus and help speed their way to the public. The Arrowhead Center is now accepting pre-applications for the program.
“By providing our researchers and innovators business mentoring, market analyses, demonstration-validation services and access to investment networks, Launch allows work on technological innovation and commercialization to occur on multiple fronts,” said Kevin Boberg, CEO of the Arrowhead Center. “This can greatly reduce the time it takes for an invention or innovation to move from a university laboratory/development setting to markets.”
Individual applicants must be NMSU faculty or staff. Team applicants must have at least one NMSU faculty member in their group. Student participation is encouraged, as Launch will provide them with a unique opportunity to explore technology commercialization.
Through Launch, it’s hoped NMSU researchers from any college can license their innovations or even start their own businesses in order to stimulate economic development in the region, Boberg said.
Pre-applications for Launch will be accepted through Dec. 1. Those chosen to advance to the full-application stage will receive help from the Arrowhead Center in preparing their proposals and formal presentations to a selection committee in March. The committee will select two winning projects in April that will receive space, services and seed grants through the Arrowhead Center.
Launch is based on programs that have experienced great success at the Massachusetts Institute of Technology’s Deshpande Center for Technological Innovation; the University of California, San Diego’s William J. von Liebig Center for Entrepreneurism and Technology Advancement; and the University City Science Center’s QED Proof-of-Concept Program in Philadelphia.
For more information on Launch, visit arrowheadcenter.ning.com/page/launch.