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The QB3 Bridging-the-Gap Awards
QB3 believes there is a funding gap between NIH-based traditional research funding and startup commercial funding. To help address this funding gap, and the research that languishes between these sources of funding, we created the QB3 Bridging-the-Gap awards with generous support from the Rogers Family Foundation and other sources.
Awards are for $100,000 per year. An additional $25,000 award will be made to groups who achieve their proposed goals within the year. A second year of funding is available based on progress. Each award includes membership in the QB3 Startup in a Box program and QB3 staff will work with the team to identify potential funders and collaborators for the next steps.
Read our 2013 report The QB3 Bridging-the-Gap Awards: a story of success
The QB3 Bridging-the-Gap committee looks for projects that are capable of yielding practical benefit to society within a reasonable time frame. The committee looks for projects that are at a stage where early proof-of-concept experiments funded by the award will assist the group in lowering the technical risk for a given technology. It is hoped that these groups could form a startup company within a 1-3 year period.
The applications that best fit the goals of this award will be selected by a QB3 committee, and finalists will give an oral presentation to the awards committee, who will make a final decision.
Contact Neena Kadaba for more information.