RESOURCES AT THE UNIVERSITY OF WASHINGTON

1
RESOURCES AT THE UNIVERSITY OF WASHINGTON

• Departmental, e.g., university, royalty and
  license income
• College of Engineering, School of Medicine,
  Business School, and Law School funding
• By working together, synergistic effects and more
  attractive to administration and external
  community
• Universitys central funding on entrepreneurship
• Course fees
• Corporate partners
• Entrepreneurs
• Alumni
• Venture capitalists
• Endowment
• Annual funding of 700k/year free services and
  mentoring

2
CENTER FOR TECHNOLOGY ENTREPRENEURHSIP (CTE) AT
THE UNIVERSITY OF WASHINGTON

• Interdisciplinary center for creating and
  disseminating knowledge on technology
  entrepreneurship and innovation
• Provide students the education and training to
  become successful entrepreneurs or corporate
  entrepreneurs
• Business, Engineering, Medicine, Arts and
  Science, and Law
• University funding 215k per year
• The rest via fundraising and endowment income
• Faculty summer salary
• Professional and classified staff
• Operating costs, business plan competition
• Outreach activities, e.g., speaker series
• WRF/Gates Fellowships and other student support

3
POSSIBLE SOURCES FOR FUNDING FOR ENTREPRENEURSHIP

• Foundations
• Whitaker Foundation
• National Collegiate Inventors and Innovator
  Alliance (NCIIA)
• Kauffman Foundation
• Coulter Foundation
• Others
• Federal and local government
• NSF
• NIH NIBIB, NCI,
• DOE and DOC
• State and local governments
• International governments, universities, and/or
  companies

4
OTHER POSSIBLE SOURCES FOR FUNDING FOR
ENTREPRENEURSHIP

• Internal seed funding, sustainable?
• External venture firms
• Companies
• NewCo or independent organization

5
WHERE SHOULD THESE ACTIVITIES BE CENTERED?

• Within Bioengineering
• COE, SOM or both
• Business School
• Interdisciplinary
• Outside, but affiliated with university
• Shared by multiple institutions