PHILADELPHIA--(May 21, 2012) –  Researchers at 21 universities and research institutions have the chance to compete for funding and business guidance to translate their research projects in the life sciences and digital health technology into new products as the University City Science Center opened applications for the fifth round of its QED Proof-of-Concept Program on Monday, May 21, 2012.

The QED Program will award up to $200,000 to up to four projects. Sixteen projects will receive guidance from market insiders and business advisors who add a commercial development perspective as investigators develop research strategies aligned with private sector interests. To date, QED has committed $2.4 million in awards to a total of 12 projects, leveraging nearly $9 million in private follow-on technology investment to date.
Two new participating organizations joined the QED Program in May 2012: Penn State College of...