U of U President Michael Young - Higher Ed Approps (1/12/10)

HIGHER EDUCATION APPROPRIATIONS SUBCOMMITTEE MEETING PRESIDENT MICHAEL K. YOUNG JANUARY 12, 2010

RESEARCH FUNDING – ECONOMIC IMPACT
$ 1 million of Research Funding = 20 Jobs
In 2008 the University of Utah received $358 million research funding $358 million of Research Funding = 7,160 Jobs

SPIN-OFF COMPANIES
The average number of companies started annually
per university across the nation is three
For two years in a row, the U was ranked 2 nd in the nation to MIT for the number of start-up technology companies based on research
24
Start-up companies
23 Start-up companies 3 Spin-offs per year have jumped from an AVERAGE of 7 in 2000-2004 to an AVERAGE of 23 in 2005 to 2009 for the U 328% Increase

BUT NOW ...
24
Start-up companies
The U is ranked first in the nation for the number of start-up technology companies based on research
20 Start-up companies

SPIN-OFF COMPANIES
Theratec
Carbalyn Sentryx Animal Care Echelon Glycomira Glycosan Anesta – now Cephalon Zars G6 Neuroadjavants Sarcos Sterling Lomed Lipocine Theratec – purchased by Watson Aciont Ceramatec MSR International Macromed Nanoxides Expression Genetics

U of U President Michael Young - Higher Ed Approps (1/12/10)

by HigherEdUtah on Jan 12, 2010

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U of U President Michael Young - Higher Ed Approps (1/12/10) — Presentation Transcript