Elman
Family
Innovation
Fund
Mr. Richard Elman made a multi-year donation of $10M to the CNSI in 2020, which enabled the creation of the Elman Family Innovation Fund to support basic and translational seed research at the nanoscale. Multidisciplinary projects funded by the Innovation Fund are selected based on their potential for commercialization and societal impact. To date, we have seen an amazing impact from Mr. Elman’s initial donation. The more than 30 seed projects funded to date have generated:
Publications in Scientific Journals
New Intellectual Property Filings
3
Start-up companies founded based on IP generated from these projects
$20M+
Research funding generated as a result of the initial seed projects findings
*An additional $20M NSF Center proposal under final consideration for funding
The objectives of the Innovation Fund at CNSI are to:
- Drive leading-edge research in materials, energy, information technologies, environmental sustainability, life and biomedical sciences and related areas for the benefit of society
- Accelerate high-risk/high-reward interdisciplinary research, from basic to translational, and the development of new tools and technologies with exceptional promise
- Provide investigators with resources to jump‐start new research efforts and directions by providing seed‐funding to generate results that will lead to follow-on funding (i.e., federal, foundation, private, and/or other University fund sources such as the TDG-sponsored UCLA Innovation Fund)
- Support discovery, innovation, invention, and entrepreneurship at UCLA
The Elman Family Foundation Innovation Fund adds momentum to our efforts at the CNSI to facilitate basic discovery, and to translate our discoveries into knowledge-driven commercial enterprises,” said Jeff F. Miller, UCLA’s Fred Kavli Professor of NanoSystems Sciences and the director of the CNSI. “This is a remarkable example of philanthropy with the potential to not only accelerate game-changing technologies on the path to the market — where they can do the most good for the most people — but also feed job creation in California.