University turns to the public to help fund tech innovation

George Mason University wants to close the gap between a professor’s idea of groundbreaking research and an entrepreneur’s idea of a viable startup.

And the Fairfax university is appealing to the public’s benevolent side to come up with the cash to do it.

GMU is launching a fundraising campaign in July for its new technology transfer fund — one that would serve as a source of philanthropic grants rather than of venture capital.

Washington Business Journal
by Vandana Sinha

Full Story: http://washington.bizjournals.com/washington/stories/2007/05/28/story14.html?b=1180324800^1467594