Technology Incubation Program
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| Abstract Description |
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| Management |
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| Keywords |
| Incubators |
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network/, Development, Consulting and Advisory, Operations/, Incubator
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Description |
| To accelerate the success and viability of entrepreneurial companies and leveraging university technologies and facilities in order to enhance educational and research opportunities for students and faculty, revenue for the university and economic development of the state through cost effective provision of business and research services and by providing access to the diverse and unique resources of a world class university. |
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Program/Products/Services |
| The TIP lease agreement includes a description of the property and rent to be paid, and services such as utilities, shipping and receiving, security, grounds keeping, janitorial services, snow and ice removal, external maintenance, and repairs and maintenance of HVAC, plumbing and electrical systems. Incubating companies are required to conform with all state and federal requirements relating to hazardous waste removal, environmental health and safety, radiation safety and animal health and welfare. The University provides monitoring and training in these areas. A limited amount of parking is offered at current University rates. Similarly, a limited number of phone jacks are available but the company is responsible for all installation and call charges.
The University of Connecticut Libraries form the largest public research collection in the state. The collection contains some 2.6 million volumes; 6,000 currently received print periodicals; 41,000 electronic journals; 2.8 million units of microform; 35,000 reference sources; 200,000 maps; sound and video recordings; musical scores; and a growing array of electronic resources, including eBooks, eSound recordings, and image databases.Some of the departments and faculty have large and expensive specialized items of equipment.It is anticipated that secretarial/clerical support would be provided by either part time student employees or better qualified, more experienced secretarial support, depending on the company's needs. Through a network of service providers and advisors, the TIP offers access to a variety of business consultants and expertise including accountants and lawyers to help with issues important to start up companies. Internally, the Company can support business plan development. It can organize events to promote collaboration among our faculty and company scientists, and to provide access to experienced entrepreneurs and entrepreneurial resources, and assistance through connections with advisors and mentors.
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Customers/Clients |
| Agrivida is an MIT startup that is developing improved corn varieties that are used to produce environmentally friendly fuels such as ethanol. Agrivida is active in the UCONN Bio-fuels Consortium and employs a minimum of two students per semester. In addition they fund one full time University greenhouse worker.
Amastan was formed by Dr. Kamal Hadidi of MIT, and with Eric Jordan of Mechanical Engineering, has obtained a grant of $2.7 million from DARPA for the production of infra-red optical windows.
Arbor Fuel came to the TIP with the support of Professor Richard Parnas. The company will provide technology for production of bio-mass based butanol and may eventually mass produce cost-competitive biofuels and solvents using proprietary microbial cell lines.
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