Each year the CoMotion Innovation Fund awards grants to innovative projects with promising impact. By providing up to $40,000 per project and an additional $10,000 for business development milestones, the CoMotion Innovation Fund helps technologies get across the gap between the products of academic research grants and the development needed to attract seed stage investment. CoMotion helps assemble a support team of business, IP, technical and startup experts for each project’s continued development.
Project teams competing for funding pitch to a panel of CoMotion and WRF staff, senior executives and venture capitalists, who rank projects by market opportunity and likelihood that CoMotion Innovation Fund support will influence the probability of commercial success.