Commercialization Breaks Records, Gears Up for More

NC State’s Office of Technology Commercialization and New Ventures has just completed its most successful year ever, launching a record 15 startup companies, executing a record 169 licenses and options and filing 241 patents in the past 12 months. And, with new resources focused on assisting NC State faculty and startups, the trend is likely to continue.

OTCNV has expanded its Executive in Residence program to bring experienced entrepreneurs, investors and industry executives to campus to connect with university innovators and early stage startup companies. The XIR group meets monthly with NC State research teams interested in launching a startup to offer feedback and guidance.

To support startup companies that are beginning to gain traction in the marketplace, OTCNV has continued to partner with the Durham-based Council for Entrepreneurial Development, one of the most experienced nonprofit entrepreneurial support organizations in the country. This partnership allows NC State startups to access CED’s Venture Mentor Service and its group of experienced entrepreneurs and investors.

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Originally published August 22, 2017.

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