Ascender Grant

17 awards for $1.6M awarded in fiscal year 2025

The TLO Ascender Grant program bridges the funding gap between academic research and commercialization by supporting the development and de-risking of innovative technologies. We provide critical funding to prepare your innovations for licensing to industry partners or to attract investment for startup ventures. With 17 awards totaling $1.6M in fiscal year 2025, this program helps University of Utah researchers transform promising technologies into market-ready solutions.

Funding Structure

Grant Amount: Varies based on project scope and milestones
Funding Model: Milestone-based disbursement

What We Fund

Technology Development

Prototype development, validation testing, and scale-up activities

Market Preparation

Market research, competitive analysis, customer discovery, and business model development

De-risking Activities

Technical validation, regulatory pathway assessment, and intellectual property strengthening

Application Process

1. Submit Your Application

Application Requirements:

Simple 3-page application including:

  • Technology background and innovation description
  • Development milestones and timeline
  • Detailed budget with justification

2. Review & Selection

Applications undergo rigorous evaluation by:

  • Technology Licensing Office for eligibility screening
  • External advisory committee of 5+ reviewers, including:
    • Subject matter experts
    • Entrepreneurs and investors
    • Industry professionals

Evaluation Criteria:

  • Significance of the problem addressed
  • Strength and innovation of the solution
  • Competitive advantage over existing solutions
  • Market potential and commercial viability
  • Achievability of proposed milestones
  • Budget reasonableness and justification

3. Award Timeline

  • Notification: Following the review committee recommendations
  • Funding: Released by milestone achievement
  • Progress Updates: Required before each funding tranche
  • Project Duration: Based on approved milestones

Eligibility Requirements

  • Technology has been formally disclosed to the Technology Licensing Office
  • Technology is not currently licensed or optioned
  • Principal Investigator is a University of Utah employee
  • For co-owned technologies, U of U must be the commercialization lead

Post-Funding Support

The Technology Licensing Office continues to support funded technologies through:

  • Marketing to potential licensees
  • Startup pathway guidance
  • Connection to entrepreneurs and investors
  • Additional Phase II funding opportunities (I-Corps participation required)

Ready to Apply?

If you believe your technology is eligible and shows strong commercial potential, please speak with our Innovation Management team to discuss your application and receive guidance on the process.

For Phase II Ascender Grant applications (second grant for same technology), participation in the I-Corps™ ZAP program is required.

Questions?

We support you and your innovation.

Wherever you are on your innovation journey, the Technology Licensing Office is your go-to source to connect you with the U’s innovation ecosystem.

Call 801.581.7792 or send us a message