Ocean Optics Blue Ocean Grants and Challenges Program Accepting Applications

By DE Editors

Designed to provide funding for new technologies in optical sensing, Ocean Optics’ Blue Ocean Grants and Challenges program seeks innovative and novel optical sensing technologies that solve problems and improve the quality of life. Applicants from all disciplines are encouraged to apply before the deadline of June, 30, 2011.

The program is intended to fund projects in life sciences, chemistry, quality assurance, environment, research and industry. The grants are divided into two phases. Phase I grants are issued to fund further evaluation and development of technologies -- up to 10 grants of up $10,000 will be awarded. Phase II grants are issued to mature a proposed technology through proof of concept in a way that enables the potential of market commercialization -- up to two of these awards will be granted for up to $100,000 each.

Grant recipients will be chosen based on ability of the solution to change the world for the better, scientific prowess, creativity, technical merit commercial viability. The international program welcomes applications from around the world.

For more information, visit Ocean Optics’grant site.

Sources: Press materials received from the company and additional information gleaned from the company's website.