U-M program has its finger on the pulse of biomedical and life science innovation, commercialization

The process to put an idea on a path to market is a difficult one, especially for clinicians and researchers who aren’t typically entrepreneurs. But luckily, with the help of the U-M Translational Research and Commercialization for Life Sciences Program Innovation Hub, many biomedical innovators across the state of Michigan are able to get the help they need to navigate the path to commercialization through education, mentorship, funding and access to other world-class innovation resources.

In December, just three years after its start, MTRAC has funded 45 mid-stage Mi-TRAC projects, including projects from Michigan State University, Michigan Tech University and Spectrum Health. It also has developed nine start-up companies, created 14 jobs and secured $16.75 million in follow-on funding.

 

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