UConn commits $20 million to its new “Academic Entrepreneurship Initiative” to spur commercialization
The new President of the University of Connecticut has announced something dubbed the “Academic Entrepreneurship Initiative” with a goal of hiring proven life sciences scholars, innovators and entrepreneurs who can help the school ramp up commercialization of discoveries made by faculty and students. The institution is committing to spend $20 million to recruit and hire 10 experienced entrepreneurial faculty over the next five years. Learn more about the initiative here.