The TomKat Center’s Innovation Transfer Program assists Stanford University faculty, staff, and students in commercializing breakthrough technologies and innovations in sustainability.
Grants are awarded to develop prototypes, to refine business plans, and to conduct customer trials and market research. The teams, which mostly comprise Stanford students, must have a Stanford faculty advisor to compete for a grant. The program connects mentors with each funded project for ongoing guidance as the teams assess market opportunities, plan the commercialization of their inventions, and prepare to externalize their product. The program helps participants develop a business-centric approach through Stanford resources, like the Stanford Entrepreneurship Network. We also introduce teams to relevant entrepreneurs, executives with experience in startups, and venture investors.