UF wins award for excellence in technology commercialization

October 21, 2009

GAINESVILLE, Fla. — UF Tech Connect, a part of the University of Florida Office of Technology Licensing, has received an award from a national organization for its role in the creation of high-tech companies, jobs and private investments in Florida.

UF Tech Connect received the Award of Excellence in Technology Commercialization from the University Economic Development Association. The center reported helping client companies generate more than $86.9 million in private investments and create more than 77 jobs in Fiscal Year 2008.

UF Tech Connect was one of three finalists, along with the University of South Florida and the Pennsylvania Department of Community and Economic Development.

“We are thrilled to be recognized for our contribution to the regional and state economy,” said Chris Brown, UF Tech Connect coordinator, who accepted the award at the 2009 Summit of the University Economic Development Association Oct. 11-13 in San Antonio.

“The UF Tech Connect program plays an important role in bringing together UF faculty, entrepreneurs and investors,” said Jane Muir, director of UF Tech Connect. “We’re honored to be recognized as a leader in the creation of high-tech companies and jobs in the state.”

UF Tech Connect is at the pulse-point of the region’s high-tech startup activity and serves as a magnet for entrepreneurs and investors seeking new opportunities. The center also develops new programs and sponsors events that foster new business creation.

“The UF Tech Connect program plays an important role in helping to commercialize university discoveries by helping create technology-based startup companies,” said Win Phillips, UF vice president for research.

Established in 1976, the University Economic Development Association focuses on the nexus between higher education institutions and economic development partners. Many EDA-funded University Centers choose to join this professional organization for a number of reasons, including UEDA’s efforts to:

• promote the role of higher education in economic development;
• provide valuable training and networking opportunities to members; and
• increase the effectiveness of, and the appreciation for, higher education in regional and national economic development strategy.

To learn more about UEDA go to http://www.universityeda.org/.

Headquartered at the University of Florida Office of Technology Licensing, UF Tech Connect was created as a partnership between UF and the U.S. Economic Development Administration to provide a venue for bringing together the necessary elements to create companies.

As the University of Florida’s main commercialization center, OTL has in-depth experience in technology management and commercialization. For more information about UF Tech Connect, visit http://www.otl.ufl.edu/ or contact Chris Brown, coordinator, at 352-846-1840.