Prototron supports the development of materials technology and power storage prototypes at TTU
The results of this year’s intellectual property round of Tallinn University of Technology of Prototron facility were announced at the cooperation festival “Right time, right place”, which took at the beginning of October. Approximately 85,000 euros will be given for the development of prototypes in the fields of materials technology and power storage.
TTU Vice-Rector for Innovation and Business Relations Tea Varrak said that the TTU round of Prototron has a high level each year. “Although, for obvious reasons, rather few applications are received in the round based on intellectual property, it is a great challenge for the Prototron Expert Committee to make a choice between them. After all, it is not just the maturity of the solution that is assessed, but also its commercial value. I dare to say that the solutions to be developed by the three research groups supported this year have a high potential on the market,” Varrak confirmed. “For example, the virus research by means of graphene-coated ceramic fibres for which the research group received support in the amount of 19,550 euros. The unique features of this invention can be used both in drug development and also in the research of the development of stem cells, for example.” She added that 45,000 euros of this year’s support was contributed by The Harry and Reba Huge Foundation.
Furthermore, the prototyping of a power bank meant for storing power produced from renewable energy sources was supported with 35,000 euros and the development of a catalyst for producing nickel-based methane with 30,800 euros. The best research groups will receive commercial support for the development of their prototypes from the mentors of Startup Incubator of Tallinn Science Park Tehnopol and legal advice from law firm Hedman Partners.
Prototron is a facility founded by Swedbank, Tallinn Science Park Tehnopol, and Tallinn University of Technology in order to financially support start-ups and inventors in the development of their first working product sample, or prototype.