Media Coverage

TechAccel backs UC Davis innovation with additional grant funding

Mar 16, 2018 - Animal Pharm
By Sian Lazell 
Animal Pharm
March 14, 2018

The University of California Davis' incubator Venture Catalyst and investor TechAccel are expanding their partnership to further support a grant program that backs innovation in animal health and agriculture.

The two will provide increased support for the university's Science Translation and Innovative Research (STAIR) grant program, which provides funding for proof-of-concept research aimed at demonstrating commercial feasibility of university-generated technologies.

TechAccel is a venture and technology development organization focused on animal health and agriculture. Venture Catalyst is one of three units in the Technology Management & Corporate Relations division of the UC Davis Office of Research, established to advance the university's education, research and start-ups.

TechAccel will provide $50,000 in funding to an expansion of the Venture Catalyst STAIR grants, which are in their fifth year.

The firm said the additional funding it is providing is intended to generate more agricultural-focused technologies. It will support a sixth STAIR grant this year that is focused exclusively on a technology in plant or animal agriculture, animal health, animal nutrition, or technologies to reduce post-harvest food waste and increase food safety.

As part of the program, TechAccel is involved in the review and assessment of applications and provides mentorship to winning researchers, who may be considered for future TechAccel emerging company investments.

TechAccel's collaboration with UC Davis began in 2016 with its participation in the UC Davis Venture Catalyst STAIR-Plus program, which supports STAIR grant recipients who achieve commercialization milestones. 

Reprinted with permission of Animal Pharm News




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