FOR IMMEDIATE RELEASE
March 5, 2015
BATON ROUGE – The second phase of the LSU LIFT2 Grant Program has concluded, and 14 proof-of-concept grants totaling $500,000 are being awarded to faculty representing all five of LSU’s research campuses.
“With the second phase of LIFT2 grants being awarded, our faculty are showing that we are primed to be leaders in the technology transfer area,” said LSU President F. King Alexander. “The goal of the LIFT2 Grant Program is to help see many of these projects advance from basic research to market, and in today’s economic climate, investing in these research endeavors is more important than ever before.”
The LSU LIFT2 program was created by the LSU Board of Supervisors in January 2014 to help “Leverage Innovation for Technology Transfer” across all the campuses of the LSU system. Grants are awarded to faculty on a competitive basis twice a year, in amounts up to $50,000, to validate the market potential of their inventions.
During this phase of the LSU LIFT2 Grant Program, a total of 46 applications were received, and the 14 grants will be distributed as follows: six at LSU, four at LSU Health Sciences Center New Orleans, two at the Pennington Biomedical Research Center, one at LSU Health Sciences Center Shreveport and one at the LSU AgCenter.
“We are pleased to see research from across the LSU System once again being awarded LIFT2 funds,” said Arthur Cooper, PCTT chair and CEO of the LSU Research & Technology Foundation. “The broad spectrum of disciplines represented with this phase of awards show that LSU’s innovation is coming from all areas of our campuses and from across the state. This continued support of LSU’s entrepreneurial enterprise increases the number of inventions that are available for licensing.”
The grants have been awarded after being scored by an external review panel on criteria related to primarily technical merit and commercial potential. Results of the research from these grants are expected within 12 months.
The following projects were awarded LIFT2 grants:
- Arash Taleghani and Goqiang Li in Petroleum and Mechanical Engineering for “Shape Memory Proppants to Allow for Increased Production in Oil and Gas Wells”
- Dandina Rao in Petroleum Engineering for “Enhanced Oil Recovery for Secondary and Tertiary Well Production”
- Wanjun Wang in Mechanical and Industrial Engineering for “Laboratory Device and Media to Allow for Multi-step Laboratory Tests”
- Shane Stadler, Tapas Samanta, Philip Adams and David Young in Physics and Astronomy for “Advanced Materials (Magentocaloric) for Improved Cooling to Reduce Current Refrigerant Needs”
- Mandi Lopez in “Innovative Orthopedic Device for Improved Control in Tensioning and Attaching Tissue-to-Bone Grafts”
- Edward Shihadeh and Anthony Reed in Sociology for “Student Retention Software and Predictive Modeling for Improved Student Success”
LSU Health Sciences Center New Orleans
- Charles Hilton and John T. Paige in the School of Medicine for “Development and Dissemination of a Software Interface”
- Francesca Peruzzi in the Cancer Center for “Development of miR-3189-3p as a Therapeutic for the Treatment Glioblastoma”
- Seth Pincus in MIP and Pediatrics for “Improved Double Variable Domain Antibodies to HIV”
- Hong Xin in Pediatrics for “Peptide vaccines and related antibodies protect against fungal infections”
Pennington Biomedical Research Center
- Thomas Gettys in Basic Science for “Signaling Defining the Ranges of Dietary Methionine and Cysteine Restriction Essential to Biological Efficacy”
- Eric Ravussin in Clinical Science for “Effect of 2-week overnight moderate hypoxia on glucose tolerance in individuals with type 2 diabetes”
LSU Health Sciences Center Shreveport
- Gulshan Sunavala-Dossabhoy for “Optimizing delivery of a tumor-affecting protein via absorption through the mouth”
- Niranjan Baisakh in Plant, Environment and Soil Sciences for “Development of drought and salt tolerant corn with an actin depolumerizing factor gene from a Louisiana native extremophile smooth cordgrass”
The LSU LIFT2 Fund provides support to help transfer LSU technologies and innovations to the market – support difficult to come by through traditional means. By permanently securing a portion of licensing income for the LSU LIFT2 Fund, LSU has ensured continual reinvestment in new innovation opportunities and affirmed its commitment to advancing discoveries for public benefit.
Eight of the 14 recipients of these LIFT2 awards were aided by the Re- LIFT2 fund, which provided funds to assist the most promising applications that did not receive a LIFT2 Fund investment during phase one of the grant program. The Re- LIFT2 program, funded through an investment from the Research Park Corporation, or RPC, supports researchers in their efforts to better position their projects for success in obtaining proof-of-concept funding to advance innovations closer to commercialization.
“I’m thrilled our collaboration with the LSU Research and Technology Foundation, which resulted in the Re- LIFT2 program, is already bearing fruit,” said RPC President and CEO Byron Clayton. “The RPC is committed to accelerating the growth of technology-based projects like those receiving Re- LIFT2 and LIFT2 awards, and we look forward to high-impact partnerships to continue to fulfill this mission.”
LSU President’s Committee on Technology Transfer Recommends New Approach to Leverage Innovation
LSU Proof of Concept Fund Launched with $2 Million
LSU LIFT2 Grant Program Launches, Request for Proposals Due June 20
Fifteen LSU LIFT2 Grants to be Awarded, Totaling $500,000