Getting In On the Action
Universities are on the prowl for deals with entrepreneurs. Here's the lowdown on five tech transfer schools.
University of Texas at Austin
Number of 2005 Start-ups: Three
Specialties: Life sciences, nanotechnolgy, physical sciences
Recent spinoff: LabNow, an Austin company that is in the process of marketing a portable, toaster-size medical lab
Stanford University
Number of 2005 Start-ups: 12
Specialties: Life sciences, physical sciences, computer science
Recent spinoff: Honolulu's Intelesense Technologies, which makes wireless communications systems
Georgia Institute of Technology
Number of 2005 Start-ups: 12
Specialties: Electrical engineering, biotech, alternative energy
Recent spinoff: C2 Biofuels, an Atlanta energy company that plans to produce ethanol from yellow pine trees
Yale University
Number of 2005 Start-ups: Fewer than five
Specialties: Medical devices and biotech
Recent spinoff: HistoRx, a New Haven, Connecticut, maker of software that helps drug companies speed up tissue analysis
Massachusetts Institute of Technology
Number of 2005 Start-ups: 20
Specialties: Biotechnology, optics, software
Recent spinoff: Luminus Devices, a start-up in Woburn, Massachusetts, that makes light devices for projection TVs
Max Chafkin shares his thoughts on partnerships between entrepreneurs and universities at www.inc.com/keyword/jul06.
Read more:
Max Chafkin
Senior writer Max Chafkin has profiled companies such as Yelp, Zappos, Twitter, Threadless, and Tesla for the magazine. He lives in Brooklyn, New York.
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