TTO Covers Entire CU System

Funding biotech technologies with matching funds for startup companies
1333_ 1/11/13 - We're back with Tom Smerdon, Interim Associate Vice President of the University of Colorado Technology Transfer Office in Boulder. We are starting the new year with a look at some metrics for the past year as well as a look at the coming year. The Tech Transfer Office covers the entire Colorado University system, with campuses in Boulder, downtown Denver, the Anschutz Medical Campus and the Colorado Springs campus. The bulk of the research dollars are going into the Boulder as well as the medical campus and most of the inventions are going to be coming out of that research from those campuses. But there is still a significant amount of research going on in Colorado Springs and some in downtown Denver in terms of funded research. Tom said, "Last year we had 226 invention disclosures on a system wide basis. That was down from the year before, but still a very healthy number. Applications were a little above last year, we filed 261 applications and executed 47 option license agreements [in line with and greater than past years] but we'd certainly like to get that number up as well as the number of exclusive licenses which tend to be the real revenue generators. Last year we had 32 of those. In terms of startups, , there were ten spun out of the university system - split pretty evenly between Boulder and Denver with a couple out of Colorado Springs." This has been very steady, over the past 8 or 9 years, they've averaged about 10-11 each year. Tom is very pleased to tell us, "Most of those companies...listen for more ...
RELATED LINKS: CU Technology Transfer Office || CU TTO Channel || TTO Blog || Proof of Concept Programs || The Start-up Process || KEYWORDS: Tom Smerdon, Interim Associate Vice President, Tech Transfer Office, University of Colorado, Technology Transfer, Invention Disclosures, Start-ups, Funding, Biotech Technologies, Bio Science Discovery, Evaluation Grant Program BYTES=6922974
LISTEN TO: Tom Smerdon, IA VP, TTO University of Colorado

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