Interest: When FiscalNote, a company founded by Tim Hwang ’14, recently raised $1.4 million in funding, the company’s list of backers included Dallas Mavericks owner Mark Cuban and the venture capital firm New Enterprises Associates.
Interest: The University of Kansas Innovation and Collaboration (KUIC) is unveiling their new name and new website highlighting the University’s model of commercialization in the educational entrepreneurial ecosystem. This evolution for KUIC helps the University of Kansas faculty connect with resources that can support their research, and guide it by protecting intellectual property and helping entrepreneurs launch businesses.
Interest: One of the pain points of technology transfer hospitals and universities face is that it can a lot of time and money to shepherd an idea to the point it can spin-off from the organization. Children’s Hospital of Philadelphia has formed a partnership with Osage University Partners, a venture capital fund that invests in new life science companies spun off from universities and academic research centers. It’s a milestone for the hospital’s technology transfer program.
Interest: Aris Melissaratos is being replaced as Johns Hopkins University’s top technology commercialization adviser, as the university looks to delve deeper into entrepreneurship.
Christy Wyskiel, an entrepreneur and investor, has been named senior adviser to the president for enterprise development at Hopkins. Beginning Jan. 1, Wyskiel will oversee Hopkins’ efforts to commercialize technology and research of faculty members.
Interest: We partner them [universities] if they get it.
This summary from James Spohrer, director of IBM University Programs World-Wide, at the Global 1000 conference organised by the National Council for Entrepreneurial Tech Transfer, was a recognition that some universities and regions are increasingly aware of the need to understand and work with corporate partners.
Interest: Venture capital divisions of major corporations have become an increasingly important source of capital for startups, but many investors in these units–whose total pay ranges from about $200,000 to about $450,000 on average–say they’re not appropriately compensated and that their bonuses and other incentives don’t take into account all they are doing for their corporate bosses.
Interest: Johns Hopkins University and BioHealth Innovation are partnering with Philadelphia-based DreamIt Ventures to bring a new health IT accelerator to Baltimore. The accelerator, called DreamIt Health Baltimore, is being supported by a portion of a $520,000 federal grant awarded to BioHealth Innovation and the Economic Alliance of Greater Baltimore.
Interest: The internal crowdfunding initiative was first jointly implemented during summer 2012 at a New York state IBM research office and an office in Cambridge, says Michael Muller, researcher and master innovator at IBM who helped to manage the program. Since then, it’s been tried at two more offices, with potential for replication elsewhere in the firm.
Interest: The Utah Science Technology and Research Initiative is proud to be one of the community partners helping to drive the innovation community at the U of U. With innovative researchers imbedded in several university departments, USTAR is dedicated to developing new technologies while helping promote the bigger story of development and discovery.
Source: Research Commercialization and SBIR Center
The Research Commercialization and SBIR Center
Two Separate SBIR Workshops:
Applying to the NSF SBIR Phase I Program for First-Time Applicants on SEPTEMBER 24 and 25
Applying to the NIH SBIR Phase I Program for First-Time Applicants on OCTOBER 1 and 2
Taught By Former NIH/NSF SBIR Program Managers and SBIR Reviewers
A very practical step-by-step, four-hour online "How-To" workshop over two evenings to help researchers, faculty members, graduate students, post-docs and entrepreneurs create a SBIR company and apply to the NSF or NIH SBIR program in December of 2013. This workshop includes a post-course review of the applicant's proposed SBIR application by our experts before submission to the NSF or NIH.
Interest: Stanford recently announced that it will be directly investing in start-ups founded by students. If a company is accepted into a campus incubator and if it raises at least half a million dollars from outside investors, the university will also put money in through its endowments.
Interest: "Large corporates need to innovate to survive," said Shapiro, "They need to find new ways to develop products, solutions, business models. And they are increasingly recognizing that simply relying on their own R&D, their own business units isn't going to get them there. They are too big, too insular, too slow, and they need to look outside at open innovation...and partnerships and startups to do that."
Interest: OP-ED Having worked with entrepreneurial start-ups developed from university research labs for more than 20 years, guiding their transition into commercial business ventures, I have come away with one conclusion: It takes time.
Interest: Only a year after its launch, Anton Gelman’s young technology company secured its first round of investment in January, and he is already laying the groundwork for a second, much larger injection of capital.
Interest: Recently in the news you may have read that some are questioning the success, viability and wisdom of Universities owning patents, pushing back against University patent rights in order to raise a debate over the usefulness of the Bayh-Dole Act of 1980.
Interest: Intel has quietly made another international acquisition in its push into artificial intelligence technology: it has bought Indisys, a Spanish startup focused on natural language recognition.
Interest: A lot of companies suffer from intense organizational angst that they are not pursuing radical innovations, the seeds of future growth. This angst is largely misplaced. Most investment in innovation can and should be made in incremental innovation—delivering solutions to customers that are better, faster and cheaper.
Interest: The core purpose of the University of Texas at Austin is “to transform lives for the benefit of society,” and entrepreneurs do this when they take huge risks to develop crucial technologies that change the world.