Chancellor’s Innovation Fund Backs Six Budding Inventions
Before retiring this year, Chancellor Randy Woodson announced for the final time the awardees of the Chancellor’s Innovation Fund, which he founded in 2010.
At NC State University, we believe the research of today enables the solutions of tomorrow. Nearly all new products and processes, from medical devices and drug development to semiconductor chips and self-driving cars, require many years of early-stage research before they’re ready to reach the market. And much of that research starts at universities like NC State.
That’s why one of the first things he did was establish the Chancellor’s Innovation Fund (CIF). The CIF, established in 2010, awards support to short-term, commercially focused research projects. Each year, a select few promising proposals are chosen based on their likelihood of market success, as well as their potential societal benefits.
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