The Office of the Vice President for Research (OVPR) is dedicated to assisting students, faculty and staff in their research, scholarship or creative works. But the process of creating new knowledge only becomes relevant when it’s translated into a format that benefits society.
One way of achieving this is by bringing your idea to the marketplace — being an entrepreneur.
If you’re interested in learning how you can be an entrepreneur, the UVM Entrepreneurial Ecosystem website provides links to information that can help you at all stages of the process: from refining your idea to building it, from launching your business to scaling it up.
In recent years, the University of Vermont has seen a dramatic increase in its intellectual property and technology transfer activity. 60 of our 133 patents were issued in the past 5 years. 73 companies and institutions have licensed patents from UVM and are commercializing the technologies. 16 startups have been formed, including 14 companies in Vermont.
Timely response to licensing activity is a core competency that has been developed over time and is a constant focus of UVM Innovations' improvement efforts. This office's unique networking situation enables it to combine technologies from a variety of sources. This allows the technologies to reach critical mass and increases the probability that each will achieve its full potential.