LaunchTN, Vanderbilt partner to support commercialization of Tennessee research
With the new partnership, LaunchTN and Vanderbilt will work collaboratively to support, engage, and attract high-growth startups.
With the new partnership, LaunchTN and Vanderbilt will work collaboratively to support, engage, and attract high-growth startups. They will also seek to bring more innovative solutions to market with increased activities around technology transfer and commercialization.
Vanderbilt, a world-renowned research institution, received 1,070 research awards totaling $294 million in fiscal 2022. Many of these awards are research opportunities with high commercialization potential. This new partnership will connect and extend Vanderbilt’s and LaunchTN’s supporting networks to help these research projects commercialize and reach their target markets.
“We are proud to make this investment in Tennessee’s innovation ecosystem,” said Nathan Green, Vanderbilt University’s Vice Chancellor for Government and Community Relations. “At Vanderbilt, we are always looking for ways to bring our world-renowned research and expertise to founders seeking to build and grow companies here. This important partnership with LaunchTN will allow us to leverage our expertise with their statewide network of resources for maximum impact.”
Three Vanderbilt Offices — Government and Community Relations, the Wond’ry, and the Center for Technology Transfer and Commercialization — made the collaborative investment in LaunchTN.
With the investment, Vanderbilt becomes a LaunchTN advocate for 2023, which includes recognition at LaunchTN events and in promotional and communications materials, as well as engagement with LaunchTN as a thought partner and in leadership opportunities. Vanderbilt and LaunchTN will also co-produce an exclusive event that reflects their shared missions.
“We are all invested in innovation and bolstering Tennessee as a startup-friendly state,” added LaunchTN Development Director Emily Masters.
David A. Owens, the Evans Family Executive Director of the Wond’ry, has worked before with LaunchTN on innovation-focused initiatives. “We are excited to continue the Wond’ry’s work with Launch Tennessee,” he said. “Our shared passion for supporting strategic innovation to solve the world’s problems provides a strong base for this ongoing collaboration.”
“This partnership is a great example of our efforts to drive industry collaboration and bolster entrepreneurship in our community,” said Alan Bentley, Assistant Vice Chancellor for Technology Transfer and Enterprise Development and LaunchTN board member.