Navigation Links
University of Minnesota licenses online tool that facilitates tech transfer operations to startup
Date:3/31/2011

The University of Minnesota finalized a license agreement for CaSTT (Commerce and Search for Technology Transfer), an e-commerce and marketing framework for technology transfer offices in universities and research institutions.

CaSTT is a package of software tools and consulting services that allow technology transfer offices to make technologies available for licensing in a searchable, online database and, in some cases, execute licenses from start to finish. The software uses advanced search engine optimization (SEO) techniques to increase the prominence of technologies in online search results and users can electronically submit inquiries about specific pieces of intellectual property. For some technologies for which a nonexclusive license agreement exists, users can use complete the agreement online.

CaSTT, LLC, is the first company formed from university technology that was incubated in an Internal Business Unit and subsequently spun out by the Office for Technology Commercialization (OTC). Internal Business Units (IBUs) are a new, innovative approach to moving university technologies from the lab to the marketplace. They address a small number of technologies that are nearly market-ready but need some limited investment and market development in order to be more attractive as startup opportunities. IBUs provide additional opportunities to launch startup companies based on university research, helping to drive Minnesota's economic growth and create jobs.

"This is a great story for the university's OTC," said Rick Huebsch, technology manager for OTC. "CaSTT is a solution that will be used by OTC and other technology transfer offices to market and license their research technologies. The additional good news is that it helped launch another Minnesota-based startup company."


'/>"/>

Contact: John Merritt
merri205@umn.edu
612-624-2609
University of Minnesota
Source:Eurekalert

Page: 1

Related biology news :

1. Rice University establishes National Corrosion Center
2. Case Western Reserve University researchers track Chernobyl fallout
3. Case Western Reserve University project ties soil conservation and river management together
4. Brown University and Women & Infants Hospital expand national childrens study to Bristol County
5. NIH selects Case Western Reserve University to participate in National Childrens Study
6. US Senate confirms Clemson University engineering Dean Esin Gulari to National Science Board
7. University professor stresses links between US Navy sonar and whale strandings
8. Scent on demand: Hebrew University scientists enhance the scent of flowers
9. University success at national engineering awards
10. University of Leicester professor adds new perspective to rainforest debate
11. Providing toilets, safe water is top route to reducing world poverty: UN University
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/22/2016)... PUNE, India , March 22, 2016 ... new market research report "Electronic Sensors Market for ... Fingerprint, Proximity, & Others), Application (Communication & ... and Geography - Global Forecast to 2022", ... consumer industry is expected to reach USD ...
(Date:3/18/2016)... LONDON , March 18, 2016 ... Established Suppliers of Biometrics, ICT, Manned & Unmanned Vehicles, Physical ... & security companies in the border security market and ... and Europe has led ... your companies improved success. --> defence & ...
(Date:3/15/2016)... -- Yissum Research Development Company of the Hebrew ... Hebrew University, announced today the formation of Neteera ... human biological indicators. Neteera Technologies has completed its first ... ... emissions from sweat ducts, enables reliable and speedy biometric ...
Breaking Biology News(10 mins):
(Date:5/31/2016)... ... ... Doctors in Italy say mesothelioma patients with the highest levels of a ... Mesothelioma has just posted an article on the new research. Click here to ... Italy tested the blood serum, tumors, and lung fluid of 45 mesothelioma patients ...
(Date:5/27/2016)... ... 2016 , ... Weeks after hosting a carpal tunnel syndrome workshop with Dr. ... and founder of the Fitzmaurice Hand Institute, has announced the addition of MRI diagnostic ... technology and only 1 of about 3 currently available in the United States. Developed ...
(Date:5/27/2016)... YORK , May 27, 2016 ... but investors playing in this space know that volatility is ... morning,s featured companies on ActiveWallSt.com: Synta Pharmaceuticals Corp. (NASDAQ: ... ), Lpath Inc. (NASDAQ: LPTN ), and Heat ... and gain access to the technical alerts for these stocks ...
(Date:5/26/2016)... , May 26, 2016 Despite the ... value in this space. Today,s pre-market research on ActiveWallSt.com directs ... Health Inc. (NASDAQ: RDUS ), Cerus Corp. (NASDAQ: ... ARWR ), and Five Prime Therapeutics Inc. (NASDAQ: ... briefings at: http://www.activewallst.com/ On ...
Breaking Biology Technology: