Monday July 11, 2011

Appealing to Sensors

The University-led IDCAST and city of Dayton are teaming up to provide grant money to encourage companies to create jobs in sensor technologies.

The city of Dayton has awarded $450,000 to the University of Dayton's Institute for the Development and Commercialization of Advanced Sensor Technologies to help create jobs in sensor technologies.

IDCAST Director Larrell Walters said the institute will serve as administrator to the funds, which will be awarded during three years to companies seeking to bring their sensor technologies to market in Dayton.

Companies applying for a grant will need to provide matching funds, and preference will given to companies whose sensor technologies will create economic value and jobs when commercialized.

IDCAST provides the framework to bring together technologies, innovations and collaborations to develop and integrate advanced sensor technologies in areas such as defense, homeland security and commercial applications.

In the five years since it was established, IDCAST has created 287 new jobs, garnered $90 million in awards for research and $6.2 million for commercialization, created five startup companies in Ohio and attracted five additional sensors companies to the state.

For more information, contact Larrel Walters at Larrell.Walters@udri.udayton.edu.

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