Tech Transfer - University of Michigan

Improving Our Quality of Life

2009 Annual Report

University of Michigan Reports Another Growth Year in Tech Transfer

ANN ARBOR, Mich.

Despite the challenging economic climate, Tech Transfer metrics demonstrate continued progress. For Fiscal Year 2009 (FY 09), we received a record number of new inventions, 350 as compared to 306 last year. We entered into 78 agreements, down from last year but with a higher ratio of high potential exclusive agreements.

Despite constraints on early-stage venture funding, we recorded 8 new start-ups in FY 09. Since 2001 we helped launch 83 new start-up ventures, over 70 percent within the state of Michigan, generating new jobs and opportunities for our communities. We also recorded a 20 percent increase in license royalties in FY 09 that, along with revenue from two equity events, produced $18.3 million in total tech transfer revenue. These revenues allow U-M to reinvest in further research and commercialization for the years ahead.

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Printed from: http://www.techtransfer.umich.edu/about/annual_reports.php