Thursday, September 22, 2011
Faculty Earn NSF Grants To Accelerate InnovationAdrien Treuille, Babs Carryer and Tuomas Sandholm have received grants from the National Science Foundation's (NSF) new Accelerating Innovation Research program, which aims to spur the development of innovative technologies and foster the creation of new businesses.
Treuille, assistant professor of robotics, is the principal investigator, and Carryer is a co-PI of a project titled "Next-generation Graphics in the Cloud." The work seeks to establish high-performance 3-D multi-viewpoint gaming in the cloud as a foundation for a fundamental change in the gaming industry, which is now dominated by specialized hardware local to each gamer. Treuille and Carryer received a $149,651 grant for their project, and they are working with CMU's Project Olympus to create a startup company around the technology. Carryer is an adjunct professor of entrepreneurship in the Tepper School, Heinz College and the College of Engineering, and the embedded entrepreneur for Project Olympus, an entrepreneurial initiative within the School of Computer Science to foster entrepreneurship across campus among faculty and students.
Sandholm, a professor of computer science, is the principal investigator for “Sophisticated Electronic Markets for TV Advertising, Powered by Novel Optimization.” Funded by an NSF grant of $300,000 and a total of $300,000 of matching funds from Carnegie Mellon and Innovation Works, he is developing an optimized method for selling media advertising time slots. The approach also has applications in other markets, such as those for electricity and pollution credits. He will build a commercial-ready system based on new technologies from his CMU lab and a new startup company will be launched.
The grants support CMU's reputation as one of the fastest growing entrepreneurial universities in the U.S. Over the last 15 years, CMU has helped to create more than 300 companies and 9,000 jobs. CMU's Greenlighting Startups initiative is comprised of five entrepreneurial initiatives (including Project Olympus) that help award-winning students and world-class faculty turn their innovative ideas into sustainable businesses.