USC Stevens Center for Innovation Launches Start-Up Investment Program
USC researchers and inventors have a new university resource, as the USC Stevens Center for Innovation has launched a new program to support the translation of research through USC startups.
Starting November 1, 2016, applications are being accepted on a rolling basis for the USC Stevens Center for Innovation Start-Up Investment Program. The program supports researchers by reducing the hurdle for raising startup funds to pay past patent costs. USC Stevens will invest in USC start-ups that demonstrate strong potential for success, as assessed by expert advisors, in exchange for equity interests granted to the university. In addition, the assessment will be used to help determine the best pathway for commercialization, and to advise the faculty inventor(s) on business strategy for their research and technologies.
For more information on this new program, read the program announcement at: http://stevens.usc.edu/files/2016/11/USC-Stevens-Start-Up-Investment-Program-Announcement.pdf.
Questions about the program or the application submission process can be directed to: Michael Arciero, Director of Licensing, firstname.lastname@example.org, (213) 821-0942.
–By USC Stevens staff, published November 22, 2016