Perhaps it was just a matter of time – but here’s a new development in the funding of academic research and technology commercialization. The University of Utah’s Technology Commercialization Office (TCO)—#1 in the country for startups launched by research organizations for three of the last five years—has spun off more than 150 companies in the past seven years.
Crowdfunding is an ideal alternative to help accelerate successful commercialization of academic research.
Recently the U’s TCO has launched a program to help build even more value in the startups they spin out. The office has entered an exclusive agreement with crowdfunding platform RocketHub of New York. Their plan is to bring crowdfunding forward for the funding of university technologies on a new web portal: the University Tech Vault.
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