Center for Technology Transfer and Enterprise Creation CTTEC

1
Center for Technology Transfer and Enterprise
Creation CTTEC

• Tara Branstad
• Director, Enterprise Creation
• NCET2 Conference
• Washington, DC
• October 3, 2008

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Enterprise Creation Activities

• Number of CTTEC related spin-out companies FY
  2000 2009 (projected)

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Key markets of spin-off companies
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Enterprise Creation Highlights

• Culture of interdisciplinary research and
  collaboration results in disruptive technologies
• Support and recognition of entrepreneurship and
  innovation in research, education and
  administration encourages
• Favorable IP policies (50 inventor share of
  proceeds) attract innovators
• Favorable spin-off guidelines (5 or 6 equity,
  1 or 2 royalty base) lower transaction costs
• Internal gap funds
• Corporations/ reference customers engaged in key
  markets (Collaborative Innovation Center, NREC,
  ERCs, Consortia, ETC)