Two conferences promote creation of university startups

The National Council of Entrepreneurial Tech Transfer, or NCET2, is hosting two conferences that will focus on the creation and funding of university-based startup companies.

According to NCET2, universities have become “ground zero” for the new innovation economy. Each year, universities around the country create over 400 new startups based on cutting edge, federally funded R&D. These companies are becoming the foundation of the new national innovation economy. While traditional tech transfer consists of licensing patents to commercialize university R&D, “entrepreneurial tech transfer” refers to the new focus of universities on startup creation and funding. However, this new focus necessitates a fresh look at how universities interact with other stakeholders in the innovation economy.

The VCs-Deans Summit, July 25, 2007

NCET2, the National Science Foundation (NSF) and the National Institutes of Health (NIH) are co-hosting a VCs-Deans Summit in Washington DC on July 25, 2007. The purpose of the summit is to create a discussion forum where deans from schools of engineering, medicine, and business, (as well as their delegates and other senior university executives, especially VPs of economic development) and investors from the venture capital and angel investor communities, can discuss how to best work together in order to create sustainable university startups.

University Startups Conference, October 3-5, 2007

The 2007 University Startups Conference is being co-organized by NCET2, NIH and NSF. The University of California and the University of Maryland are university co-hosts, while the National Venture Capital Association (NVCA) is the venture capital sponsor. The purpose of this conference is to facilitate dialoguing, relationship building and deal-making among the stakeholders in the new innovation economy: universities and venture capital/angel investors. The conference will continue the discussion started last year, but will also add input from university deans because they are an important part of university startup creation and funding.