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The University Funds(TM) Launches Business Accelerator to Commercialize Research Innovations

Unique business model will help commercialize intellectual property from 8 western research institutions

The University Funds, LLC http://www.theufunds.com/ , announced today that it has begun operation of a unique company that will combine the entrepreneurial leadership and management capabilities of a startup business accelerator with a planned venture capital fund to drive commercialization of intellectual property (IP) developed at research institutions. The company, which has recruited several experienced entrepreneurs as partners, has executed agreements with several western research institutions to develop collaborative programs to drive the identification, assessment and subsequent commercialization of high potential innovations.

Full Story: http://www.prnewswire.com/news/index_mail.shtml?ACCT=104&STORY=/www/story/05-21-2009/0005030690&EDATE

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