The 100 startups, which have been launched since the Venture Center was formed in 2006 as part of the Office for Technology Commercialization, mark a milestone in the University’s efforts to assist faculty and staff in forming new companies to commercialize their inventions. Launching new companies is one of the primary ways the University turns research discoveries into commercial products that fuel the economy and contribute to the public good.

“The University of Minnesota is committed to connecting our researchers to experienced entrepreneurs and to innovative programs, transforming extraordinary discoveries into the birth of 100 companies,” said University President Eric Kaler. “We are proud of our remarkable and ongoing contributions to Minnesota’s innovation culture and entrepreneurial ecosystem.”

https://inquiry.research.umn.edu/2016/06/07/u-launches-100th-startup-company-to-commercialize-technology/

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