This annual grant program provides funding of up to $50,000 per project. Please note that the FY2021 Request for Proposals is closed, but you can view the RFP. The next funding round will be announced in December 2021.
Technology Advancement Grants support early stage technologies invented at USC through validation or proof-of-concept development. The awards add value to unlicensed USC-owned technology, aiming to increase the probability of obtaining a license in the future. These awards are not intended to fund basic research or app development.
TAGs have a competitive two-step application process comprising an initial review by Stevens Center staff and advisors, followed by a final review and recommendation by an external advisory board of industry experts. It is anticipated that part of the award may be spent on outside organizations that will work with the principal investigator and the Stevens Center to further develop the technology. The external advisory board may recommend that changes be made to the Project Plan in order for the project to be eligible for funding.
Areas of Interest:
- Technologies invented at USC in any discipline that demonstrate strong potential for commercialization through additional technology advancement investment of $50,000 or less.
- TAG prioritizes projects that are not eligible for other USC technology advancement programs, such as the Alfred Mann Institute at USC, Coulter Program, or Ming Hsieh Institute for Research on Engineering-Medicine and Cancer.
Eligibility is limited to projects that satisfy these criteria:
- The application must be based on Intellectual Property (IP) developed at USC with the rights assigned to USC.
- The IP cannot be licensed, optioned, or subject to any third party rights at the time of application (other than government interests via sponsored research).
- The principal investigator must be a USC employee eligible to serve as principal investigator, other than a term employee or visiting employee.
- A complete invention disclosure must be on file with the USC Stevens Center for Innovation prior to the submission of the letter of intent.
Types of Assistance:
TAG Awards provide up to $50,000 for a project duration of no more than one year. Permissible expenses include:
- Prototype development
- Biological target validation and screening
- Software optimization
- Preclinical studies, such as toxicity
- Other advanced pre-commercial research, including sub-contracts to contract research organizations.
Further Information and Program Contact:
Questions about the TAG award or the application submission process can be directed to Jennifer Dyer, Executive Director, email@example.com, (213) 821-6062.