Alaska Seed Fund seeks applications for $50,000 in grants

March 26, 2019

Marmian Grimes
907-474-7902

The Alaska Seed Fund is seeking applications for $50,000 in grant money to help inventors and entrepreneurs fund the development of prototypes in Alaska.

In 2019, the fund will award one grand prize of $20,000 and 10 other grants of between $3,000 and $10,000. The deadline for applications is April 14.

The University of Alaska Fairbanks Office of Intellectual Property and Commercialization administers the Alaska Seed Fund. Wells Fargo and the 49th State Angel Fund provide the funding for the awards.

Members of the public and the university community are eligible to apply for the grants, which aim to help support the development of new products and high-growth companies in the state. Representatives from UAF, the Alaska Small Business Development Center and the private sector will evaluate applications based on commercialization potential and feasibility.

Additional information, including the online application form and evaluation criteria, is available online at www.alaskaseedfund.com.

ON THE WEB: www.alaskaseedfund.com

ADDITIONAL CONTACTS: Mark Billingsley, 907-474-2626, mcbillingsley@alaska.edu or info@alaskaseedfund.com or uaf-oipc@alaska.edu.