FY2019 numbers showed growth in key technology transfer categories, including gross revenues, the number of University of Minnesota startups, and, under MN-IP, the number of research agreements, the number of companies having research agreements, and the level of sponsored research commitments. Other categories remained steady or showed only a slight decline (less than 3%), including new licenses, current revenue generating agreements, invention disclosures, patent filing rate, and issued patents.
Technology Commercialization, Wellspring Sophia; UMN Enterprise Financial System
*New Patent Filing Rate is the number of new patents filed during the fiscal year divided by the number of new disclosures in the same time period
The Milken Institute's "Best Universities for Technology Transfer" report, released in April 2017, ranked Technology Commercialization sixth among US public research institutions and second in the Big Ten.
The University of Minnesota ranked 20th worldwide for the number of US patents granted to a university in 2018 by the National Academy of Inventors.
In 2019, Tech Comm and Sponsored Projects Administration executed 103 MN-IP research agreements, a 20 percent increase from FY2018.
Since 2006, the UMN has launched more than 150 startups, and in 2019, spun out a record number of companies (19). In addition, five startups were acquired or went public in 2019, with a total of eight exits since July 2017.
Annual Research Reports
Download our 2019 Annual Report on Technology Commercialization.
Learn more about the University's research enterprise as a whole.