Princeton Researchers Awarded Funds to Develop Promising Technologies

Five Princeton faculty teams are the new recipients of support from a University fund designed to help propel promising discoveries out of the laboratory into products and technologies that can benefit society.

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Five Princeton faculty teams are the new recipients of support from a University fund designed to help propel promising discoveries out of the laboratory into products and technologies that can benefit society.

The funding will support the following projects: a cheaper and more efficient solar cell for converting sunlight to electricity; a novel water-treatment technology; a microscope that uses sound waves to focus the lens; a graphene-based boost for battery-like devices; and a new class of antiviral drugs.

The awards come from the University's Intellectual Property (IP) Development Fund, which supports early-stage projects that have the potential to transform lives and improve the world. The fund enables faculty researchers to do proof-of-concept work and prototyping aimed at demonstrating the commercial potential of a discovery.

"This fund provides support that is crucial for transferring Princeton innovations into the hands of people," said Dean for Research A.J. Stewart Smith, the Class of 1909 Professor of Physics.

Smith remarked that corporate partners are essential in this process because they have the necessary expertise and financial resources to develop research projects into products. Yet without working prototypes and additional data, companies and venture capitalists are hesitant to invest in laboratory-stage research, he said. "Without funds such as these," Smith said, "promising research findings might never make it to the marketplace where they can benefit the public, because few federal research dollars are available for translational research and prototyping."

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