The state of Michigan has approved $950,000 in funding for commercialization of technologies developed at the public university level.
In a series of the votes Tuesday, the board of the Michigan Strategic Fund approved the funds for the Michigan Translational Research and Commercialization, or MTRAC, state program grant.
The funds will go to programs at Michigan State University MTRAC Agriculture-Biology Innovation Hub, Wayne State University MTRAC Advanced Computing Innovation Hub and Michigan Tech University MTRAC Advanced Materials Innovation Hub.
