Leaders in Pharmaceutical Business Intelligence (LPBI) Group

Investing in innovation @University of California: In 2014 –  86 new startups and the creation of 1,769 new inventions

Reporter: Aviva Lev-Ari, PhD, RN

Investing in innovation

As California’s primary public research university, UC is a leader in developing new knowledge and moving its discoveries into the market so they can benefit the economy, society and planet. UC research last year led to 86 new startups and the creation of 1,769 new inventions — the equivalent of nearly five new inventions per day. To further such efforts, UC announced in December that Silicon Valley entrepreneur Vivek Ranadivé will lead a fund and build a team to invest in innovation opportunities emerging from UC, anchored by a $250 million commitment from the UC Office of the Chief Investment Officer. The university also hosted primeUC, a competition with the goal of giving a boost to some of UC’s most promising life-science startups. The UC Grad Slam contest gave graduate students representing each of UC’s 10 campuses a chance to deliver the most illuminating three-minute explanation of their work.

SOURCE

http://universityofcalifornia.edu/news/ucs-top-10-stories-2015