TECHNOLOGY TRANSFER NEWS ITEMS
ND, IUSM-SB Nominees Sought for 1st Source Commercialization Award
Nominations have opened for the first annual $20,000 1st Source Commercialization Award for faculty whose promising research discoveries have successfully moved from the lab to the marketplace. Researchers from Notre Dame and the Indiana University School of Medicine-South Bend (IUSM-SB) who have successfully commercialized ND or IUSM-SB technologies are eligible for the award. The winner will be announced March 29.
1st Source established the award to encourage researchers to engage the market, share their discoveries, and ultimately help attract others to the area through successful businesses built on intellectual capital. The award is also intended to encourage the development of local and regional businesses that will employ members of the local community.
Nominations will be accepted by the Notre Dame Office of Technology Transfer through Monday, Feb. 28. Nominees may be self-nominated but must:
be faculty of Notre Dame or IUMS-SB
be, or have been, directly engaged in the successful commercialization of their technology.
Applicants should outline the extent to which the successful commercialization activities have advanced the overall mission of the University and made an economic and cultural contribution.
There is no formal application form, but nominations should include, at a minimum:
an executive summary
a layman’s description of the technology
a review of the market opportunities, particularly in light of societal benefits provided or societal problems addressed by the technology
an overview of the path to commercialization, including, for example, a description
of the business model adopted, partners engaged, local/regional resources employed
demonstrated evidence of commercial success, and
projections of future (short-, mid-, long-term) business success.
The winner will be selected by a committee that includes a representative of 1st Source Bank, the Notre Dame vice president for research, the faculty, and one or more members of the business community experienced with new technology commercialization.
For further information about the 1st Source Commercialization Award, interested parties should contact Richard Cox at the Notre Dame Office of Technology Transfer at ott@nd.edu or by phone (574) 631-4551.
