Michigan Innovation Hub Provides $1.8M to Accelerate Biomedical Innovations

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The Michigan Translation Research and Commercialization for Life Sciences Innovation Hub, or MTRAC, is providing more than $1.8 million in funding to be used across Michigan to accelerate biomedical innovations.

MTRAC is managed by Fast Forward Medical Innovation, a unit of the Ann Arbor-based University of Michigan Medical School’s Office of Research, with funding from U-M and Michigan Economic Development Corp.

Some of the projects that will get funding include an innovative mutli-channel scaffold to enhance neural regeneration, and a magnetic 3D-printed ear splint to treat congenital ear deformity.

The projects, 11 in all, were selected for funding by MTRAC’s Innovation Hub team to accelerate their paths to market and bring them closer to helping patients.

Finalists for the funding, including teams from institutions outside U-M such as Spectrum Health Innovations, Michigan Technological University, and Beaumont Health, present project proposals to the external MTRAC Oversite Committee at their annual meeting in downtown Ann Arbor in early January.

“As a statewide Innovation Hub, we are able serve life science innovators from across Michigan,”says Bradley J. Martin, FFMI senior director of commercialization programs. “The education, mentoring, and resources we provide help researchers take their groundbreaking biomedical innovations — like those recently selected by MTRAC — to the point of commercial reality and impacting patient care.”

To see all the project award winners, visit innovation.medicine.umich.edu/innovation-hub/project-awards.

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