Venture Partners at CU Boulder, the technology-commercialization arm of the University of Colorado Boulder, has started a new accelerator to commercialize COVID-19- related research.
The “Pandemic Hyper Accelerator for Science and Technology” (PHAST) will work to commercialize diagnostics, environmental sensors, and supply chain innovations, according to an article posted on the Venture Partners website.
The six-month accelerator will begin virtually in June with participants receiving entrepreneurial training, funding and mentorship valued at $75,000. The program will be conducted in partnership with the Rockies Venture Club (RVC), and those selected will be required to complete RVC’s one-week HyperAccelerator.
PHAST recently received a $500,000 grant from the U.S. Department of Commerce Economic Development Administration’s “Scaling Pandemic Resilience through Innovation and Technology” Challenge with a local match of $125,000.