Friday, April 29, 2011

UCSC aims to keep business talent, ideas in Santa Cruz with startup lab

The University of California system is known worldwide for its innovative research. In 2009, the university system received more than $121 million in revenue for licensing university research. But of the nine UCs in the system, UC Santa Cruz has benefited little.
UCSC wants to change that by complementing a new academic program with a startup lab that will generate new companies and patents with market potential. Among its goals are generating revenue for the university and spawning startup companies for Santa Cruz.

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