Latest News

Join Us at the TTS Global Initiative, July 20-21, 2015

The TTS Global Iniative brings together stakeholder groups involved in early stage biotechnology to discuss critical issues in technology transfer.

The Office of Technology Management is proud to partner with TTS to offer the next North American summit, which will be held July 20-21, 2015 at the UIC Forum in Chicago.

This event is produced in collaboration with numerous regional partners, including:

Congratulations Dr. Kenneth Suslick, Innovation Transfer Award Winner

Innovation Celebration is an annual event that recognizes the entrepreneurial spirit in our community and on our campus. Awardees are recognized for contributions in several categories, including economic impact, social entrepreneurship, and student start-ups. 

Third Rock Ventures Announces $45 Million Launch of Revolution Medicines

Third Rock Ventures has announced the $45 million launch of Revolution Medicines, a biotech startup based on research from UI chemistry professor Martin Burke.  This has been featured in and San Francisco Business Times

The company's press release is below--

Illinois Proof-of-Concept Fund Update





Last spring, the University launched the Illinois Proof-of-Concept fund (I-POC) to help bridge the gap between University innovations and the marketplace by funding research and development that will demonstrate an innovation’s market viability to potential investors and partners.

First Silicon Valley Edition of Campus Technology Showcase Attracts 90 Attendees

Share the Vision: San Francisco, hosted by the Office of Technology Management, was held on November 18 in partnership with the annual Silicon Valley Roundtable Dinner organized by the Foundation and the Illini Center West.  Six faculty entrepreneurs presented their research to an audience of corporate and venture capital representatives and University alumni.

IP Update: OTM's Patent Blog

by Sandra Thompson, Patent Coordinator

The Start-up Handbook is here!

Innovations generated by University of Illinois research have a profound impact on human issues and the creation of businesses, jobs, and economic well-being. There are many ways to translate University technology and innovation into societal benefit; starting a company is one of them. The University has put in place a unique and comprehensive system supporting entrepreneurship and economic development.

Five tips for a successful Kickstarter campaign according to Electoninks CEO Brett Walker

All entrepreneurs, no matter how distinctive their companies, share one goal: They hope for the success of their products.

But often, the realization of this dream is hard to achieve, as large amounts of funding are necessary before market penetration is possible.

Like any entrepreneur, Brett Walker, CEO and cofounder of Electroninks Incorporated, knows this.

The University of Illinois at Urbana-Champaign Office of Technology Management Announces Illinois Proof-of-Concept Program 2014 Award Recipients

The Office of Technology Management (OTM) is proud to announce the 2014 awardees of the Illinois Proof-of-Concept Funding Program (I-POC). I-POC enables development projects that demonstrate an innovation’s market viability to potential investors and partners.

2014 I-POC Award Recipients

EP Purification Wins Grand Prize at the 2014 Clean Energy Trust Challenge

EP Purification, a start-up led by University of Illinois at Urbana-Champaign engineering faculty, wins Wells Fargo & Co. $100,000 grand prize at the 2014 Clean Energy Trust Challenge on April 3.

EP Purification, a start-up company located at EnterpriseWorks, took first prize in the Early-Stage Entrepreneurship category at the 2014 Clean Energy Trust Challenge. Co-founded by Gary Eden and Sung-Jin Park of the College of Engineering, EP Purification works to manufacture novel systems of water and air purification.