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University of Washington Opening "New Ventures" Incubator to Support Spin-Offs
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When the University of Washington hired Michael Young to be its new president last year, one qualification that stood out was an impressive record of spinning out companies from his previous employer, the University of Utah.
Today, the UW is taking a step toward fulfilling some of that promise by opening its New Ventures Facility, an incubator offering lab and office space for startups based on the school’s research. The incubator will be run by the university’s Center for Commercialization http://depts.washington.edu/uwc4c/ , which recently topped off a $25 million fund for spinning out public university research.
Curt Woodward
Full Story: http://www.xconomy.com/seattle/2012/02/08/uw-incubator/
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