Depending on the number of teams selected and the financial demands of each project, the funding allocated to each team will vary, said Innovation Fund Associate Director of Marketing Nikki Kidd in a phone call.

The Innovation Fund’s Spring 2015 finalists are Dharma Humanitarian Solutions, Inscites, Litmus Health, Therapeutic Human Exosomes, Urban Center for Computation and Data, and 3F4AP (Multiple Sclerosis Diagnostic Tracer).

The finalists will give final presentations in June, after which the Fund’s Advisory Committee will select the winning teams based on their potential to succeed, according to Kidd.