Government and University TechTransfer

Brooke Brady, a graduate student in the environmental engineering program under Kumar Ganesan, has been working with the International Heart Institute of Missoula on aortic valve replacement research. She said Tech and the institute are working together to bring "an engineering perspective into the further development and testing of this valve."

”We’re in the base-hits business,” he said.

”Some people say, ‘can’t you just hit home-runs?’ It’s a matter of having a lot of at-bats, a lot of companies in the pipeline.”

It´s the latest buzzword in economic development: Tech transfer.

Through its Challenge Investment Fund, DBED’s Investment Financing Group is committed to investing up to $1 million over a four-year period in start-up capital in BrainChild Maryland.

Universities and policy-makers must be held accountable, Boulus said, if this new emphasis on technology transfer is to produce tangible results.

But as part of its grant, the NIH requires that CSU’s new lab work with business to turn science into products.

"We can do a lot of the basic research, but there has to be a collaboration to really get these products to market and impact public health," Gardner said.

"Sandia serves as a model in the United States for bringing technology from a research and development institution to the marketplace,"

University of Wyoming chemists have received a $75,000 National Institutes of Health grant to develop a handheld device that can detect cyanide in blood or saliva. Associated Press Billings Gazette Current technologies require anywhere from…

"We see a tremendous pent-up demand for this kind of service,"

Universities involved in the transformation of technology do so for the public’s betterment, but they also hope to create a product like the University of Florida’s sports drink Gatorade. Such a product will put the institution on the map and begin a flow of money and research talent.