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The Office for Technology Commercialization (OTC) takes the ideas and technology that stem from University of Minnesota research, prepares this intellectual property for the market, and in some cases spins it out into new businesses. The Venture Center is the business unit within OTC that works with entrepreneurs, researchers, and investors to create start-up companies based on University research.
The initiative to start a new company based on intellectual property created at the University of Minnesota comes from three primary sources:
The CEO-in-Residence program is a cornerstone of the Venture Center. The goal of the program is to match CEOs and business executives with University inventions. In order to achieve that goal, the Venture Center recruits key individuals who have a track record of success in establishing, financing, and leading start-up companies.
This program allows successful entrepreneurs, CEOs, and business people to participate in reviewing intellectual property at the University and, if an appropriate opportunity is identified, contributing to or leading a new start-up company.
We are constantly on the lookout for experienced entrepreneurs to fill CEO-in-Residence positions. The Venture Center is looking for leaders with a proven track record in running successful start-ups, with expertise in raising money at that early stage, and with a breadth of experience in evaluating technology-based start-up opportunities.
Learn more about technologies being developed for start-ups by downloading the university's start-up pipeline.
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