U-M Tech Transfer reports 12 new startups, record number of agreements

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Category: Community Engagement, Entrepreneurship, Science & Research

The University of Michigan signed a record 173 license and option agreements with companies seeking to commercialize university researchers’ discoveries in the past fiscal year. Among these licenses, 12 were issued to startup companies launching from the U-M Tech Transfer Venture Center.

“It is gratifying to see this record-setting number for our most important metric in tech-transfer performance,” said Ken Nisbet, associate vice president for research-technology transfer. “It reflects the deployment of U-M inventions into the marketplace where they can have positive benefits for the general public.”

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