Enhanced cybersecurity, non-scarring tattoo removal, 3-D photography and a laser-scanning device are projects selected for Princeton University’s Intellectual Property Accelerator Fund, which supports discoveries that have significant potential for further development into products or services. The roughly $100,000 each researcher receives enables the prototyping and testing that technologies need to attract interest from startups or from established companies looking for innovative products.
“Transferring innovations from the University to the marketplace enables economic activity and carries the transformative potential that can lead to major improvements in the quality of our everyday lives,” said Pablo Debenedetti, Princeton’s dean for research and the Class of 1950 Professor in Engineering and Applied Science, and a professor of chemical and biological engineering. “The IP Accelerator Fund offers the opportunity for the University to support innovation at a critical point in the development of a new technology, when it is just starting to show its promise.”
“We are excited that Princeton is able to provide funding to help these inventors advance their technology further along the commercial development spectrum,” said John Ritter, director of technology licensing at the University.
Each year, the IP Accelerator Fund is awarded to a handful of technologies through a competitive process. The four technologies receiving the award this year are described here