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State Funds Technology Research

Friday, July 14, 2017   (0 Comments)
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HOUGHTON, Mich. (WLUC) - Michigan Ph.D. research scientists will soon learn whether their research will receive state funding.

The Michigan Translational Research and Commercialization program oversight committee deliberated today whether to approve funding for three finalists.

MTRAC provides matching fund grants for early stage commercial technology projects.

The funds are meant to encourage business startups and jobs within the state of Michigan.

"MTRAC provides a key resource across the state of Michigan because it helps to support very early stage technology that is happening at the universities. They need our help as much as companies who are relocating here to Michigan or companies who are already here in Michigan," says Denise Graves of the Michigan Economic Development Corporation.

The three finalists from the University of Michigan, Wayne State University and Michigan State University.

Their projects were battery, sensor and plastics technology respectively.

Each finalist approved will receive project funding for the next 12 months.

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