Science Market Update

Medical Startups at UNC Chapel Hill Receive $80,000

Posted by Jennifer Nieuwkerk on Wed, Oct 02, 2013

Four start-up medical companies at the University of North Carolina at Chapel Hill recently received $80,000 in life science funding the form of a federal grant. The donating organization, Carolina KickStart, is a program within the North Carolina Translational and Clinical Sciences Institute (NC TraCS). NC TraCS is funded by the NIH and works as a medical research center that awards grant money.

 “We help research go faster, be less expensive and more efficient,” said Michelle Maclay, spokeswoman for NC TraCS in an article on The Daily Tar Heel.

One company receiving life science funding is Augment Medical, which received $30,000 for its project. Augment Medical previously received $7,000 from Carolina KickStart and used this money to develop a prototype of a wireless platform that disabled people can use to communicate. The University of North Carolina at Chapel Hill graduate students who make up Augment Medical came up with their idea when they visited WakeMed hospital in Raleigh, North Carolina and saw that disabled patients without motor controls had no way of using the remote control button to call a nurse.

 

University of North Carolina at Chapel Hill

University of North Carolina at Chapel Hill

Image courtesy of Wikimedia Commons

 

Both graduate students and university researchers at the University of North Carolina receive a great deal of life science funding, according to recent NIH and NSF research funding statistics. In 2012, the NIH awarded the university $377.6 million in life science research funding. In addition to receiving NIH funding, the University of North Carolina at Chapel Hill also received $38.8 million in life science funding from the NSF that same year. Of the NIH research money, $11.5 million went to life science projects alone. More NIH and NSF funding statistics, including departmental funding statistics and specific projects receiving life science research funding, can be found on the NIH and NSF websites.

Biotechnology Calendar, Inc. invites all lab suppliers interested in marketing their life science solutions to scientists with life science research funding at North Carolina life science marketing events to attend our annual Chapel Hill BioResearch Product Faire™ Event. Biotechnology Calendar, Inc. is a full-service science research marketing and events-planning company that organizes life science marketing events at top research universities nationwide. If you are interested in marketing your life science solutions to researchers with life science funding at life science marketing events closer to home, we encourage you to view our 2013 calendar of events. For more detailed funding statistics on the University of North Carolina at Chapel Hill, or to learn more about the Chapel Hill BioResearch Product Faire™ Event, click on the button below.

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Tags: 2014, 2013, University of North Carolina at Chapel Hill, North Carolina, University of North Carolina, Southern, BioResearch Product Faire Event, NC, Front Line, Chapel Hill, UNC, life science research funding

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