Yale University has announced an ambitious new initiative to support and expand innovation and entrepreneurship across the university and throughout the greater New Haven, CT region.
Yale Ventures, the name of the new initiative, will support the translation of university research into impactful products, services, and social ventures and accelerate the expansion of the entrepreneurial ecosystem. Josh Geballe, who was recently named Senior Associate Provost for Entrepreneurship and Innovation at Yale, will be Managing Director of the new organization that will have four major components:
- The Intellectual Property and Licensing Services unit will partner with faculty, staff, and students to facilitate technology transfer efforts, from disclosure to patenting to licensing of new Yale inventions.
- The Innovation Training and Start-ups unit will support both faculty and students through established programs such as the Blavatnik Fund for Innovation, the Center for Biomedical Innovation and Technology, and the Tsai Center for Innovative Thinking.
- Corporate Partnerships will focus on strengthening relationships with corporations in support of Yale research as well as increasing access to resources from private partners.
- The Innovation Community team will work to build the overall entrepreneurial ecosystem across the university and Greater New Haven.