4D Medical Systems is happy to announce a recent award presented by the TTDC.

Tennessee Technology Development Corp. (TTDC) today announced $400,000 in proof-of-concept grants were awarded to seven Tennessee organizations. The grants, of up to $50,000 each, go to support the development of "innovative products and services with strong commercial potential in the life sciences, engineering, materials sciences, computer sciences and other high-technology industries."

The companies that received grants include: 4D Medical Systems, Foundation Instruments, LED North America, Nutraceutical Discoveries, Phenotype Screening Corporation, the University of Tennessee Research Foundation (two awards) and Venture Incite/Y‐12 National Security Complex.

The awards are part of TTDC's Technology Maturation Fund, which provides commercialization grants to resident scientists, inventors and entrepreneurs to help move promising technologies from the lab to the prototype stage in order to attract additional investor support or secure third‐party licensing. The grants are given on a competitive basis to for-profit entities and resaerchers affiliated with Oak Ridge National Laboratory, St. Jude Children's Research Hospital, the Tennessee Board of Regents, the Tennessee Independent Colleges and Universities Association, the University of Tennessee System, Vanderbilt University and the Y‐12 National Security Complex.

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