Local Colleges Work to Transfer Technology to Business

Much of the growth in the technology sector of the Vermont economy will come from the state’s colleges as graduates enter the business world or bring their projects with them. The state’s higher education institutions, especially the University of Vermont, develop new technologies and products as part of their research. Educators say they are pushing harder to make Vermont more technology intensive but their efforts will take time and money.

Domenico Grasso is the Dean of the College of Engineering and Mathematical Sciences at UVM. He sees his school at the forefront of new businesses formation.

"You either have incentives like tax and lifestyle, or infrastructure, other organizations or universities. Incentives are fleeting ways to set up the path. We are trying to build an infrastructure to attract and spin off business."

Grasso said his path is to hire "the best faculty in the world."

By Edelstein, Art

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