States / Massachusetts / HD 4533

HD 4533 Introduced

A communication from the Massachusetts Technology Transfer Center (Mass Ventures) (see Section 45B of Chapter 75 of the General Laws) submitting the Acorn Innovation Fund Report for fiscal year 2025

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted
Bill Text — · 1.2K words Open full page ↗

Acorn Innovation Fund Report (FY25 Cohort)

The Innovation Commercialization Seed Fund, also known as the Acorn Innovation Fund, is

enabled by the Legislature: “shall be used to advance the goals of job growth creation, innovation

and economic development which may include, but shall not be limited to, the construction of

prototypes, testing, market research and other steps necessary to bring the invention or concept

to market in the commonwealth.” The Acorn Innovation Fund supports principal investigators

(faculty, graduate students and post-doctoral students) at Massachusetts research institutions

(universities and medical centers) who seek to demonstrate the viability of their technology and

advance them towards commercial use. Awards can be used to: 1) further develop a prototype,

2) gather additional data to demonstrate proof of concept, or 3) obtain data to compare the

technology to existing technologies and show its competitive advantages. Several past Acorn

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