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Stages:

• Early
• Seed

 

Industries:

Communications & Networking

Information Technology

Life Sciences & Healthcare

Medical Device

 

Description:

The University of Tennessee Research Foundation is a non-profit 501(c)(3) organization that promotes the commercialization of UT intellectual property, encourages an entrepreneurial culture, contributes to state and regional economic development, and promotes research and education to benefit the people of Tennessee and beyond. UTRF facilitates the transfer of inventions to the private sector, providing public benefit of new products which are the result of academic-research funding. The UTRF Business Incubator, at 2450 E.J. Chapman Drive, provides entrepreneurs with an environment that encourages learning, growth and self-sustainability. Located on the Knoxville campus, participants learn from both experts and each other as they navigate the complex path of starting and building a technology-based business. In the past year, UTRF signed 21 new license and option agreements and worked with the inventors to start four new companies. UTRF also collected more than $1 million in revenue, received 28 new U.S. patents and managed 145 new inventions.