UF Startup Receives $50K Award From Innovation Fund America
Innovation Fund Northeast Ohio, the region’s most active pre-seed fund for technology-based startups, has awarded a combined $737,500 to 14 startup companies over the past six months. The companies will receive Innovation Fund awards of between $12,500 and $100,000 enabling them to complete projects that will advance their technologies or business models.
UF startup Structured Monitoring Products (SMP), a company developing the first true non-contact vital signs monitor for humans and animals, was awarded $50K. SMP is developing a monitor that employs patented Doppler technology. The product detects vital signs – heart rate and respiration rate – without contact (no wires or leads are necessary). The product will be distributed to the veterinary market initially and human applications will follow.
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