Purpose

The State Budget provides support for university-based technology transfer initiatives. The Technology Transfer Incentive Program is specifically designed to help make the rapid transfer of new ideas and new technology from the research lab to the marketplace.
 
The Technology Transfer Incentive Program is specifically designed to help business make the rapid transfer of new ideas and new technology from the research lab to the marketplace.

This program helps New York companies commercialize high-tech innovations in partnership with colleges and universities by providing awards to institutions of higher education to move leading-edge technologies from the research lab to the marketplace.

The Technology Transfer Incentive Program supports a wide array of activities associated with bringing new technologies to the marketplace including improvement of product prototypes and existing commercial products, new product development, development of manufacturing processes to commercialize prototypes, and filing patent applications.

Eligibility

Applicants are required to be institutions of higher education or research institutions. They are expected to partner with a company to bring the technology to market. The partner is required to provide matching funds.

Contact

James Roberts
NYS Foundation for Science, Technology & Innovation
30 South Pearl Street, 11th Floor
Albany, New York 12207
(518) 292-5700