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A Word From the Director

Dear Colleagues,

I am delighted to introduce this first edition of the UIC Office of Technology Management Newsletter. The newsletter is meant to provide news and updates related to the OTM and technology commercialization at UIC.

The past year continued the strong growth of technology commercialization activities and programs on the UIC campus. Efforts related to increasing the funding available to bridge the gap between research and technology commercialization came to fruition in the form of the new UIC Chancellor's Innovation Fund which you can read more about below. Fiscal year 2013 was also another year of growth in key metrics such as the number of licenses and options executed and the total licensing revenue for the OTM.

I would also like to thank and acknowledge Nancy Sullivan for her leadership over the last four years as Director. Nancy has transitioned into the CEO and Managing Director role at IllinoisVENTURES, but remains involved in the OTM as Executive Director to provide strategic guidance to the Office.

Jeremy Hollis
Interim Director, UIC Office of Technology Management

UIC Chancellor's Innovation Fund: Proof of Concept Awards Program

The UIC Chancellor’s Innovation Fund (CIF) was recently established through a $10 million commitment by Chancellor Paula Allen-Meares. Managed by IllinoisVENTURES, the CIF is a hybrid of a proof-of-concept (POC) and an equity investment fund, which enhances the POC Awards Program by providing the funding needed to bridge the gap between basic research and commercialization. read more

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FY13 Annual Report Highlights

With another great year for the UIC Office of Technology Management on the books, we highlight a few accomplishments from our 2013 Annual Report that we and our partners are proud of. read more

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EnterpriseWorks Chicago:
Startup Series

EnterpriseWorks Chicago (EWC) is officially up and running! The startup for startups was hard at work over the summer preparing two facilities and hosting workshops to encourage UIC students, faculty and staff to embrace their entrepreneurial spirit. read more

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Changes in the OTM

The OTM has experienced new and exciting changes over the past year from leadership transitions to welcoming new hires. Our warmest congratulations to Nancy Sullivan, who recently transitioned to the role of CEO and Managing Director of IllinoisVENTURES, LLC as well as Interim Executive Director of the UIC Office of Technology Management, both effective January 1st, 2013. read more

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