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Research / Discovery

CSU Ventures unveils new look, hosts award ceremony on Wednesday

February 27, 2012

CSU Ventures is sporting a new look and brand to build on its success as a support system for university researchers who are transferring inventions into the marketplace. Branding efforts include the creation of a new logo, website and social media pages.

“We are looking at different ways to reach out to faculty, researchers and the business community to spark conversations, promote technologies and forge new partnerships,” said Todd Headley, President at CSU Ventures.

The new look and website will officially be announced to a large audience on Wednesday as part of the CSU Ventures biennial technology transfer awards ceremony. The event serves to recognize outstanding CSU researchers, inventions and startup companies.

CSU Ventures a wholly owned CSURF subsidiary

Previously, the University’s technology transfer and commercialization functions operated under CSU Research Foundation (CSURF), a not-for-profit affiliate of CSU. CSU Ventures - a wholly owned subsidiary of CSURF - is a private, non-profit advocacy arm of the university whose mission is to actively support and promote the transfer of CSU research and innovations into the marketplace to benefit society.

“We serve as a resource not only to CSU faculty and researchers, but also to industry, entrepreneurs, and investors seeking to further research or commercialize a technology,” said Headley.

CSU Ventures also encompasses three enterprise arms – NeoTrex, MicroRx and Cenergy – which are primarily focused on commercializing technologies developed within CSU’s academic Superclusters of cancer, infectious disease and clean energy.

Between 2007 and 2011, CSU Ventures has assisted in the creation and growth of 20 startup companies, the majority of which are Colorado based. That compares with a total of nine companies created in the previous five-year period.

“In these past five years with an increased focus on technology transfer, our metrics are up significantly. We’re clearly having an impact in Colorado as well, where 90 percent of our startup companies are based and 70 percent of the technologies we’ve licensed are based.” “It is a real compliment to the world-class CSU researchers,” said Headley.

Other highlights for CSU Ventures and university inventors:

  • 515 inventions – up 132 percent from the 222 inventions during the previous five year (FY2002-FY2006) period
  • 627 patent applications – a 170 percent increase from the 232 applications during the previous five-year period
  • 165 license agreements – a 184 percent increase from 58 agreements during the previous five years
  • $8.22 million in licensing income – an 86 percent increase from $4.42 million during the previous five years

As Colorado’s only land-grant institution, CSU faculty and students create new companies and jobs critical to Colorado’s economy, prepare students for the workforce and enable innovation. The university has influenced state and national economic development activities and enacted major initiatives to improve partnerships in the community and encourage entrepreneurship.

Contact: Emily Wilmsen
Phone: (970) 491-2336