The UH Division of Research Technology Gap Fund invests funds that will advance the development of novel applied technologies that have near-term potential for licensing and commercialization. The Gap Fund is not intended to support basic research, but rather support the development of prototypes or final proof of concept experiments for technologies that have shown potential commercial appeal.
The $50,000 award is designed to facilitate an inventor’s ability to leverage external funding and to serve as a bridge toward product development and commercialization. This fund currently deploys $250K per year, but is proposed to grow to $500K per year, as UH activity grows. The fund will recruit a wider array of technical and business advisors to support this expansion.