$15K in tech transfer grants provided by Southside Bethlehem KIZ

Monday, January 29, 2018
Rob Lombino, TE '17G, wins KIZ Grant

Robert Lombino, Masters of Engineering in Technical Entrepreneurship Graduate '17

 

BETHLEHEM, Pa. - The Southside Bethlehem Keystone Innovation Zone (KIZ) has awarded two technology transfer grants to assist two companies and their growth. 

 

Revivify, a medical device company, which created a product to provide optimal healing and decrease recovery time with a variety of joint injuries, has been awarded the $15,000 grant. They will use this financial gain to help commercialize their product by securing intellectual property, obtaining FDA approvals and developing a prototype, according to a news release from the Bethlehem Economic Development Corporation.

 

Vidura Tech, a product development company, which created a device that augments a regular yoga mat by providing alignment and balance cues to users with tactile, audio and visual feedback, is the second recipient of the $15,000 grant. The company plans to use the money for commercialization of their product and to launch and build a marketing campaign. 

 

"This is an amazing opportunity for our startup. What began as a grad school project has become a real company with enough funding to launch here in the Lehigh Valley. We are so thankful to be a part of the KIZ and look forward to the start of a successful business relationship," said CEO of Vidura Tech Rob Lombino in a news release. 

 

In 2017, the KIZ invested over $500,000 to KIZ companies.