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The High Impact Technology (HIT) Fund

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The High Impact Technology (HIT) Fund aims to accelerate the commercialization of Stanford-based innovations.

We provide seed funding along with strategic and advisory support to faculty, students, postdocs, and staff to help transform innovative, advantaged, and scalable Stanford technologies into new products, services, or companies.

Purpose

  • Accelerate Impact: Help accelerate the transition of technologies with the potential to have a societal or economic impact on the world’s most pressing problems, by addressing the critical technical and market risks
  • Advance Education: Enable access to industry-specific advisors and domain experts, friendly VCs, patent attorneys, and MBA Interns, and provide guidance helping to enhance the team's practical, entrepreneurial, and commercialization education

 

To have impact, great ideas need to leave the lab and enter the world. The HIT fund works with innovators to identify the best path forward, supporting them at a pivotal stage to help makes their research a reality. - Dean Arun Majumdar

Learn About the HIT Fund  

How to Apply

The HIT Fund awards are for Stanford University innovators whose work has progressed towards developing solutions for scalable end use applications. The awards are intended to provide the needed funding for de-risking critical activities that enable technology transfer to industry or the formation of a start-up.

Funding must be for projects undertaken at Stanford University that have a disclosure filed with the Office of Technology Licensing. Proposals must include a Stanford faculty PI or sponsor. This is a competitive selection process and only the top-ranked proposals will be awarded.

Key Dates 

Panel of Illustrations for Process: 1) Call for applications 2) Screening 3) Expert Review 4) Finalist Pitches 5) Award

Call for applications opens: Saturday, June 1, 2024

Application Q&A Session 1: Tuesday, June 11, 2024, 2 - 3pm PST - REGISTER NOW

Application Q&A Session 2: Thursday, June 20, 2024, 11am - 12pm PST - REGISTER NOW

Application Q&A Session 3: Monday, July 1, 2024, 3 - 4pm PST - REGISTER NOW

Deadline to submit an application: Monday, July 8, 2024 (before MIDNIGHT, PST)

Finalists selected: August 19, 2024

Finalist pitches (in person): Monday, September 16 and Thursday, September 19, 2024

Awards announced: September 30, 2024

Funding begins: October 15, 2024

Frequently Asked Questions 

Reach out to the team: TheHITfund@stanford.edu.

 

FOR INDUSTRY

Collaborate with the HIT Fund

Opportunities for domain-specific industry experts and corporates to advise, support, or collaborate with project teams.

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FOR GRADUATE STUDENTS

MBA Intern Program

Paid internships for Stanford Graduate School of Business students with experience in the physical sciences or the life sciences.

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The HIT Fund Portfolio

Wind Turbine - Credit: Nicholas Doherty/Unsplash.com

Wind turbine blade manufacture

Fast-curing resin for the efficient manufacturing of high-performance recyclable wind turbine blades.

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Electric car - Credit: Michael Fousert/Unsplash.com

Lithium metal battery innovation

Novel liquid electrolyte technology allows for energy dense lithium batteries, ushering in a new generation of electric vehicle batteries.

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Reactors - Credit: tasukaran/Pixabay.com

Electrified chemical reactors

Inductive heating enables the generation of high-grade heat within a thermochemical reactor with unprecedented spatial and temporal control.

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close-up of semi-conductors - Credit: RemazteredStudio/Pixabay.com

Vertical Ga203 Power Devices

Energy efficient semiconductor switches for medium to high voltage converters in electric transportation systems and the power grid.

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Wastewater treatment from above - Credit: Avigator Fortuner/Shutterstock.com

Wastewater energy flexibility

A software platform for wastewater utilities that de-risks energy investments, controls energy resources, and monetizes carbon savings.

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robotics - Credit: L.A. Cicero

Soft growing vine robots

Soft growing robots that can change their length, control their direction, squeeze through tight spaces, and act as a conduit.

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Hand on Knee Brace. Photo Credit: iStock.com/LPETTET

Wearable for knee osteoarthritis

A wearable to reduce knee osteoarthritis pain by teaching individuals to coordinate their muscles differently.

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Cathedral interior - Credit: igorovsyannykov/Pixabay.com

Immersive virtual acoustic spaces

Creating immersive sonic experiences by situating participants in the acoustics of any building or physical structure in augmented and mixed reality.

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Description: x-ray of a bone; Photo Credit: iStock.com - Arundhati Sahu

Bone and tissue regeneration

Bioactive 3D-printed medical device for significantly accelerated bone repair and regeneration.

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Agriculture - Credit: fietzfotos/Pixabay.com

Sustainable chemical manufacture

Developing a plasma-based technology to sustainably generate valuable industrial chemicals, such as fuels, plastics, and fertilizer.

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airplane on tarmac - Credit: VOO QQQ/Unsplash.com

Catalyst technology for liquid fuel

Catalyst technology to improve the efficiency and reduce the cost of systems that generate liquid fuels.

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hanging shirts of various colors - Credit: Mikes-Photography/Pixabay.com

Enzymes for textile recycling

Training enzymes to break down all the plastic in old clothes, yielding high-quality raw materials to recycle into brand new clothes.

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needle injecting into cell - Credit: iStock.com/TanyaRow

Injectable hydrogels for biomedical applications

Injectable hydrogels for sustained release of agents in vaccines or cancer immunotherapy.

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