The Center for Biotechnology and Stony Brook University received two $25,000 grants towards their BioEntrepreneur-in-Residence (B-EIR) Program. The State University of New York and The Research Foundation for SUNY (RF), and the Suffolk County Economic Development Corporation each awarded $25,000 to further the pilot B-EIR program the Center has launched in order to increase the number, quality and success of new ventures formed to commercialize early-stage, promising biomedical technologies invented at Stony Brook University. This funding is in addition to the more than $500,000 already raised around the initiative.
The Center for Biotechnology at Stony Brook University has appointed Reinhard Warnking and Joseph Scaduto as the Center?s BioEntrepreneurs-In-Residence (B-EIR). The role of the B-EIRs will be to launch new bioscience ventures in the Long Island region based upon commercially promising biomedical technologies developed by Stony Brook University with the goal to spur economic development in the region. Read the full press release here.