Philips Grand Challenge
The Philips Grand Challenge is designed to enhance opportunities for innovations developed at the University of Pittsburgh in areas of interest to Philips to advance towards commercialization i the areas of sleep and respiratory care. The Challenge, is intended to provide financial support that cannot typically be obtained from other traditional sources of funding (including the faculty member’s department/school or external government funding agencies).
Three awards of (1) $60,000, (1) $30,000 and (1) $10,000 will be made which will provide:
- Seed funding to reduce technical and market risk associated with the innovation, moving it closer to market; and
- Enhanced connections to resources on campus, in the region and beyond to aid in advancing the potential commercialization of the discovery.