NSF Unveils First-Ever Accelerating Research Translation Awards to Boost Economic Growth Through Academic Research
The U.S. National Science Foundation (NSF) has announced its first-ever investment in the Accelerating Research Translation (ART) initiative. More than $100 million will be dedicated to 18 teams at academic institutions nationwide to accelerate the pace and scale of translational research aimed to foster economic growth across the nation.
The ART program is set to award up to $6 million over four years to each selected institution. These funds will be used to identify and develop academic research with potential for technology transfer, ensure the availability of staff with technology transfer expertise, and support the education and training of entrepreneurial faculty and students.
A unique aspect of the ART program is the partnership between awardee institutions and mentoring institutions of higher education (IHE) that possess a robust ecosystem for translational research, with at least 15 universities acting as partner mentoring institutions to ensure the ART network enlists robust expertise and resources.
To learn more, visit the ART program website.