University of Montana may take bigger role in MonTEC Incubabor

Startup incubator’s future uncertain as development group disbands

As local scientists and startup companies lose half of their oversight, the University of Montana may step in to fill the gap.

The Montana Technology Enterprise Center, MonTEC, is located across the river from UM and houses eight technology startups. It’s been operating under a management agreement between UM and the Missoula Area Economic Development Corporation since 2001, but MAEDC is in the process of dissolving, said UM Director of Technology Transfer Joe Fanguy, who also serves as a board member of MonTEC. This leaves MonTEC half owned by the University, but lacking a second manager.

By Amy Sisk

Full Story: http://www.montanakaimin.com/news/um-may-take-bigger-role-in-montec-1.2605042#.TnsrwNR0iSo