Update December 14, 2012: The 2012 Commercialization grant competition has closed. Awards were announced in December 2012. Awards are subject to specific grant agreement terms and conditions negotiated between the recipient organizations and the Life Sciences Discovery Fund. Awards are contingent pending final grant agreement execution.
LSDF Commercialization grants encourage the translation of health-related technologies from discovery to development for eventual delivery to the marketplace. These grants support small-scale, targeted studies at Washington state governmental and non-profit research organizations to validate the commercial merit of potential new products and services and reduce the risk of further development.
New for 2012, principal investigators may request up to $250,000 for work to be accomplished in one year. LSDF has allocated up to $1,000,000 for this competition.
For-profit entities are not eligible to apply directly for Commercialization grant funding. For-profit entities are eligible for LSDF Proof of Concept grant competitions; please see http://www.lsdfa.org/apply/competitions/2012-2013-Proof-of-Concept.
PowerPoint presentation (PDF) from the informational webcasts