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NEWS RELEASE

June 13, 2002

Media Contact:

   Doug Ramsey (858) 822-5825 dramsey@ucsd.edu

VON LIEBIG CENTER HANDS OUT ITS FIRST 'GRUBSTAKES' GRANTS TO COMMERCIALIZE UCSD RESEARCH

San Diego, June 13, 2002 The William J. von Liebig Center for Entrepreneurism and Technology Advancement has awarded $300,000 to the first six projects approved under its Grubstakes Program. The program funds internal projects led by UCSD Jacobs School of Engineering faculty where there is a strong commercial potential for the technology.

Nineteen proposals were submitted in the first funding cycle. "This has been a tremendously successful process," said Robert W. Conn, dean of the Jacobs School, which oversees the center. "The Center received 19 proposals in this first funding cycle, and every one of the projects has great potential."

All of the applicants went through a rigorous screening mechanism and their proposals were reviewed by an external committee. "There are no losers in this first round of grants," said Abi Barrow, the Center's managing director. "Although six projects will get funding, we plan to work with all applicants to develop commercialization strategies for their technologies, and if possible, help them secure other types of funding for their projects." Barrow said the von Liebig Center's business consultants and staff will work with faculty on marketing plans and other strategies to enhance the commercial prospects of funded as well as unfunded projects.

Of the six grants, two each went to faculty or researchers based in Electrical and Computer Engineering, Bioengineering, and Mechanical and Aerospace Engineering. The projects include a personal digital tele-viewer for handheld devices; a robotic arm for rehabilitation of stroke patients; a way to lengthen the lifetime of ion thruster engines on satellites; and a blood filter to treat shock patients. (For details, click here).

Staff are available to discuss projects; you can reach the Center at (858) 822-5960 or kjgordon@ucsd.edu. For more information on the von Liebig Center, visit http://www.vonliebig.ucsd.edu.

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