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Proof Of Concept FundDirect fundingNo equityVerified

Orange Innovation Fund

Also known as: OIF

Syracuse University · Syracuse, NY

University-wide competitive internal grant program administered by Syracuse University Libraries. Provides proof-of-concept funding to move student research and entrepreneurial projects from ideation to commercialization. Supports prototype development, market validation, and early commercialization milestones.

Funded by a gift from Raj-Ann Rekhi Gill '98 (Board of Trustees member, operating partner at Silicon Valley Quad): $50,000 per academic year over five years ($250K total). Individual grants up to $5,000 per award. Two cycles per year (fall/spring). Recipients required to participate in an annual Demo Day.

Quick fit check

  • Offers direct funding
  • No equity required
  • Currently active
  • Verified by research

Key numbers

Funding range

$0 – $5,000

Non Dilutive Grant

Equity

None

Application

Semiannual

Campus Wide

Last activity

2026-02-27

High confidence

Application and Timing

Two cycles per year: fall (September-October) and spring (January-February). Fall 2025: applications due October 10, 2025. Spring 2026: applications open January 26 through February 27, 2026.

Participants

Graduate and undergraduate students from all academic disciplines. Projects must be past idea stage with a clear product development roadmap.

Funding and Equity

Up to $5,000 per grant, non-dilutive. Merit/milestone-based. Deliverables due within six months. Teams may apply for successive awards for different milestones.

Recent Activity

  • Fall 2024: 7 projects funded.
  • 2025: 7 grants awarded (Phloat, PapeX among recipients).
  • Fall 2025: 6 ventures awarded (WingStat, Miirror, MacroFlow, The OtherGlasses among others).
  • Spring 2026: applications opened Jan 26 - Feb 27.

Known startups and winners

Competition winners and notable student ventures from our research.

See every startup
Historical winners (research notes)
  • Phloat (Nathan Brekke '26, Joshua Varkey '26) — Inflatable smartphone flotation device. Originated at Invent@SU summer 2024.
  • PapeX (Nicolas Courbage '26, Whitman) — Paper receipt elimination platform.
  • WingStat (Jack Venerus '27, iSchool) — SaaS for aircraft sales data.
  • Miirror (Haley Greene '26, Newhouse) — Eating-disorder recovery platform.
  • MacroFlow (Ronan Hussar '26, Whitman) — Natural-language Excel automation.
  • The OtherGlasses (Jacob Kaplan '28, iSchool) — Adaptive liquid-crystal eyewear.

Verification Gaps

  • Full list of all grant recipients across all cycles.
  • Commercial outcomes of funded projects (products launched, funding raised).
  • Total number of applicants per cycle.

Orange Innovation Fund

Additional research notesShow

News & articles

News articles and official sources documenting Orange Innovation Fund at Syracuse University.

1 source