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Research and Economic Development  Board of Curators Meeting January 29, 2010 Michael F. NicholsVP Research & Economic Development
	Role of Research & Econ. Dev Facilitate and accelerate transfer of Research  results to IP assets to commercial markets Negotiate and execute agreements in a timely manner Encourage faculty and student entrepreneurship and company formation Manage IP and Research Park assets of University Ensure compliance with federal regulations and reporting requirements 2
Classic Portfolio UMKC MST Research  IP Commercialization Research Parks MU UMSL 3
Marketing Strategy Std. Template Evaluation Venture Assistance Univer., Licensee, inventor- “Deal” Strategic Business Potential Licensees Unique Product Commercial Appeal Market & Patentability 4 4
Accountability Measures UM System Totals and Peer Avg. FY09 Record Highs: ,[object Object]
Number of license/option agreements that generated income
Total license/option agreement income
Number of license/option agreements executed5
	AUTM and CMU Comparisons AUTM = Association of University Technology Managers CMU = Carnegie Mellon University 6
LICENSES/OPTIONS SIGNED 7
	Team and Streamlined Process LICENSE AGREEMENTS System Intellectual Property/ Business Law Group System Marketing/Bus. Dev. Group Negotiation Team ,[object Object]
 Marketing Member- IP Legal Member Market and Intellectual Property Analyses Campus Case Manager Campus Case Manager Campus Case Manager Campus Case Manager Disclosures Disclosures Disclosures Disclosures Research & Technology  Liaison (UMSL) Research & Technology  Liaison (MU) Research & Technology  Liaison (UMKC) Research & Technology  Liaison (MS&T) UMKC Office of Research MU Office of Research UMSL Office of Research MS&T Office of Research Economic Development Council 8
Improve time to market results Avg. No. of Days from Disclosure Receipt to License Agreement:  3 years 365 days 9
10 10
OUR RESEARCH TO JOBS MISSION Total externally sponsored research funding MU		$231M 	 UMKC		$  44M 	 ROLLA	       	$  38M	 STLOU	        	$  30M 	 UMS	          	$    5M	 Total	      	$308M Research supports 10,000 jobs 11
Our Commercialization Facilities 12
MISSOURI RESEARCH PARK Located in St. Charles County 17 tenants, 2 federal agencies $786 million in economic impact Supports nearly 2,000 jobs in park &, 4,500 community 13
DISCOVERY RIDGE Located in Columbia Potential for 25,000 jobs regionally $3.5 billion impact over 25 years ABC Labs growing to 500 employees 14
TECHNOLOGY PARK – Ft. Leonard Wood Phase 1- 12 acres Today Revenues over $1M 188 jobs in park; 412 jobs in community Phase 2 – 50 acres Potential impact of $44 million 10,000 new jobs in community 15

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University of Missouri System Research & Economic Development Annual Report

  • 1. Research and Economic Development Board of Curators Meeting January 29, 2010 Michael F. NicholsVP Research & Economic Development
  • 2. Role of Research & Econ. Dev Facilitate and accelerate transfer of Research results to IP assets to commercial markets Negotiate and execute agreements in a timely manner Encourage faculty and student entrepreneurship and company formation Manage IP and Research Park assets of University Ensure compliance with federal regulations and reporting requirements 2
  • 3. Classic Portfolio UMKC MST Research IP Commercialization Research Parks MU UMSL 3
  • 4. Marketing Strategy Std. Template Evaluation Venture Assistance Univer., Licensee, inventor- “Deal” Strategic Business Potential Licensees Unique Product Commercial Appeal Market & Patentability 4 4
  • 5.
  • 6. Number of license/option agreements that generated income
  • 8. Number of license/option agreements executed5
  • 9. AUTM and CMU Comparisons AUTM = Association of University Technology Managers CMU = Carnegie Mellon University 6
  • 11.
  • 12. Marketing Member- IP Legal Member Market and Intellectual Property Analyses Campus Case Manager Campus Case Manager Campus Case Manager Campus Case Manager Disclosures Disclosures Disclosures Disclosures Research & Technology Liaison (UMSL) Research & Technology Liaison (MU) Research & Technology Liaison (UMKC) Research & Technology Liaison (MS&T) UMKC Office of Research MU Office of Research UMSL Office of Research MS&T Office of Research Economic Development Council 8
  • 13. Improve time to market results Avg. No. of Days from Disclosure Receipt to License Agreement: 3 years 365 days 9
  • 14. 10 10
  • 15. OUR RESEARCH TO JOBS MISSION Total externally sponsored research funding MU $231M UMKC $ 44M ROLLA $ 38M STLOU $ 30M UMS $ 5M Total $308M Research supports 10,000 jobs 11
  • 17. MISSOURI RESEARCH PARK Located in St. Charles County 17 tenants, 2 federal agencies $786 million in economic impact Supports nearly 2,000 jobs in park &, 4,500 community 13
  • 18. DISCOVERY RIDGE Located in Columbia Potential for 25,000 jobs regionally $3.5 billion impact over 25 years ABC Labs growing to 500 employees 14
  • 19. TECHNOLOGY PARK – Ft. Leonard Wood Phase 1- 12 acres Today Revenues over $1M 188 jobs in park; 412 jobs in community Phase 2 – 50 acres Potential impact of $44 million 10,000 new jobs in community 15
  • 20. INNOVATION PARK Located in Rolla 60 acres $45 million in revenues in 12 years $1 billon in economic impact in same timeframe 16
  • 21. MISSOURI PLANT SCIENCE CENTER A joint venture between City, State , and UM 17 17
  • 22. Zegerid Receives FDA Approval 18
  • 23. Goals for 2010 Expand research partnerships Accelerate momentum for IP commercialization Integrated Research Park marketing plan Secure funding for future facilities “Start up” funding initiative 19