U-M Tech Transfer

U-M Tech Transfer

Over the past five years, U-M Tech Transfer has helped to launch 64 new startups, or one every four weeks. In early 2016, U-M startup Millendo closed one of the biggest venture capital funding rounds in Michigan in the last few years, bringing in $62 million to further develop their treatment for adrenal cancer and develop other women’s health therapies.
U-M Tech Transfer is a key component in the University’s efforts to foster innovation and entrepreneurship, and is responsible for the commercialization of U-M research discoveries. Tech Transfer licensing and startup professionals help U-M investigators create new companies, and license their inventions to existing companies.

In addition to providing technology assessment, protection, market analysis and licensing services, Tech Transfer leveraged the facility resources within the NCRC to locate the Venture Accelerator adjacent to its Tech Transfer offices, providing a robust set of business services within a convenient environment.

The Venture Center is a one-stop shop for entrepreneurs and investors interested in U-M startup opportunities. Included within the Venture Center is the Venture Accelerator, with lab and office facilities for emerging U-M startups; it is located adjacent to Licensing, and in proximity to other NCRC resources.
The Venture Center team also provides tenants with networking opportunities to accelerate their progress, and Tech Transfer operates a robust Mentors in Residence program (see photo) that brings seasoned venture professionals into Tech Transfer to assist with commercialization activities. Although Tech Transfer provides services across campus, the NCRC location has allowed it to work very effectively with the research community located in the NCRC.

In addition to providing technology assessment, protection, market analysis and licensing services, Tech Transfer leveraged the facility resources within the NCRC to locate the Venture Accelerator adjacent to its Tech Transfer offices, providing a robust set of business services within a convenient environment.
The Venture Center is a one-stop shop for entrepreneurs and investors interested in U-M startup opportunities. Included within the Venture Center is the Venture Accelerator, with lab and office facilities for emerging U-M startups; it is located adjacent to Licensing, and in proximity to other NCRC resources.

Tech Transfer sets new performance records

Tech Transfer set several performance records in fiscal year 2015:

  • 160 patents
  • 164 licenses and option agreements
  • 19 new startups

Largely due to the monetization of a license with Genzyme for a treatment from Dr. Jim Shayman for Gaucher Disease, U-M received $78.8M in Tech Transfer revenues, also a new record.  

For more Tech Transfer news

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