Subscribe to Inc. magazine
GROW

Innovation Network Launched

A new initiative seeks to improve links between universities and the marketplace.
Advertisement

To better link university innovations and the marketplace, the Ewing Marion Kauffman Foundation recently launched a initiative to bring together so-called proof-of-concept centers into a single network.

According to a joint report by the Kansas City, Mo.-based entrepreneurship group and the Max Planck Institute of Economics, proof-of-concept centers are an effective means of meeting both university and commercial needs by providing seed funding, advisory services, market research and other benefits for both researchers and entrepreneurs.

In just five years, the Deshpande Center at MIT and the von Liebig Center at the University of California San Diego have awarded nearly $10 million in seed grants and launched 26 seed-stage companies that have generated more than $159 million in private capital, the report said.

The two centers will be the founding members of the network, organizers said. 




Register on Inc.com today to get full access to:
All articles  |  Magazine archives | Livestream events | Comments
EMAIL
PASSWORD
EMAIL
FIRST NAME
LAST NAME
EMAIL
PASSWORD

Or sign up using: