U-M recently launched the Monroe-Brown Seed Fund, a new funding vehicle designed to advance the process of transitioning commercially viable engineering and medical research projects to market.
The fund is a collaboration between the U-M College of Engineering’s Center for Entrepreneurship and the U-M Medical School’s Fast Forward Medical Innovation program.
With a $3 million gift from the Monroe-Brown Foundation, the Monroe-Brown Seed Fund will award seed money to biomedical startup companies that are joint efforts between the university’s engineering and medical schools.
Such seed grants are designed to accelerate the commercialization of biomedical research, to provide unique educational opportunities for researchers and students, and, ultimately, to positively impact patient care.
