A crowd of around 25 gathered at University Enterprise Laboratories (UEL) last week for the U of M OTC ‘Software Technology Showcase’ that featured a host of emerging technologies available for licensing and/or capital investment.
The University of Minnesota Office for Technology Commercialization (OTC) oversees all aspects of technology commercialization at the University, bridging the gap between the lab and the marketplace. Segmented into five distinct areas — Agriculture & Horticulture, Engineering & Physical Sciences, Life Sciences, Software & Information Technology and the Venture Center — the mission of the OTC is to translate University of Minnesota research into new products and services that provide growth opportunities for licensees, benefit the public good, improve the quality of life, and generate revenue to support the University’s research and education goals.
The U of M OTC makes technologies available in a variety of ways:
- Free for academic use
- Express licenses – online licensing and payment processing
- Fast-track opportunity licenses, for early stage technologies
- Negotiated, exclusive, and non-exclusive license agreements
- Internal business units – University-led incubators for smaller, evolving opportunities
- University start-up companies
Specific questions regarding the opportunities below can be addressed by Technology Marketing Manager Andrew Morrow (amorrow at umn dot edu).
OTC Selected Portfolio Technologies – Bus 2.0, Biomarker Analysis, Computer-based Assessment System for Reading, Neuro-Ex, Virtual Reality Stimulation for Medicine, Video Analytics for Surveillance, and CaSTT