Having a wide range of services and resources available to faculty entrepreneurs and investors has always been seen as an important goal by the TTO at The University of Michigan, but recently its leadership decided that those services could be provided more effectively and efficiently by creating a central contact point for all interested parties. The result was the establishment of the Michigan Venture Center, whose aim is to provide faculty entrepreneurs with an efficient route to formulating a business plan, addressing IP issues, connecting with U-M alumni, offering limited funding, attracting talent, and securing investors.<\/p>\n
“We’re trying to do a better job of preparing our opportunities so our outside partners are willing to take the risk,” says Kenneth Nisbet, executive director of U-M Technology Transfer. At the same time, entrepreneurs and VCs outside the university can look to the center for a portfolio of start-up concepts with the talent, development funding, and connections needed for market success. All individuals seeking help in venture creation will now begin at the same “hub,” and then be directed to the appropriate services “spoke.” One of the main drivers behind the new center, says Nisbet, was operational efficiency. “By integrating a number of programs that had operated independently, we will become more effective and efficient,” he notes. “This integration will allow better sharing of talent and resources across our projects, resulting in higher quality and more timely assistance.” A detailed article on the new center appears in the January issue of Technology Transfer Tactics<\/em><\/a>. To get the complete article and become a subscriber, including access to the entire archive of back issues, CLICK HERE<\/a>.<\/p>\n Having a wide range of services and resources available to faculty entrepreneurs and investors has always been seen as an important goal by the TTO at The University of Michigan, but recently its leadership decided that those services could be provided more effectively and efficiently by creating a central contact point for all interested parties. […]<\/p>\n","protected":false},"author":67,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-271594","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/271594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=271594"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/271594\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=271594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=271594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=271594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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