Five tech startups spun-out from the U of M in fiscal year 2012


University of Minnesota office for Technology CommercializationThe Office for Technology Commercialization (OTC) is responsible for packaging R&D developed inside University of Minnesota and pushing it into the commercial market with the intent of realizing a financial and social return on investment.

From start to finish, the group is responsible for patenting and licensing intellectual property, early development of start-up companies, providing supportive resources for researchers, and matching internal inventors with external entrepreneurs.

While discoveries by University of Minnesota researchers were used in the launch of an overall record 12 companies in fiscal year 2012, five of those 12 are found in the IT & software technology genre: