Funded Initiatives
>> Back to Intiatives
Product Name
MS Degree in Science and Technology Commercialization
Project Description
Describe the main purpose/goal (and features, if applicable) of the project.
This executive Masters level program was designed to provide a fundamental education on both the commercial evaluation of early-stage technologies and the core business skills required to start a company or a revolutionary product line within an existing older corporation. Participating students were taught via distance learning through a unique partnership with the University of Texas at Austin. Students evaluated actual technologies and intellectual properties developed by local organizations and perform real world case studies to determine whether or not these technologies could be commercialized.
Outcome from Using the Product
- Identify the benefit(s) users will derive from replicating the product.
- The goal of this project was to develop and increase the number of individuals and business leaders in the region with the entrepreneurial skills to commercialize intellectual property.
- It was anticipated that a fraction the “real-world case studies” done by the students will result in robust business plans and create new science-based startup companies in the region, thereby contributing to economic development efforts.
Updated 1.10
|
“We have made ourselves sustainable success, that’s the crucial part. We have found that working together as a region working together in terms of when the water rises all boats benefit and float higher, we have learned that the hard way, we have really worked together, through thick and thin, and sometimes it wasn’t easy. To explain to an urban business the importance of agri-business, you have to really not only be able to explain it to others, but before you can do that you really have to understand it yourself. So our knowledge has deepened. And we are now been able to make our cause for this region with real conviction.” Mary Pat Hancock, Chair Genesee County Legislature
Strategic Outcomes
To be supported by Finger Lakes Wired initiatives
- Increase job growth relative to national average
- Increase average wages relative to national average
- Increase retention of 20-34 age workers
- Adoption of a regional identity resulting in collaborative networking and communication in support of regional economic strategies
|
