» Good Start Genetics http://blogs.bu.edu/otd Tue, 16 Apr 2013 20:09:11 +0000 en hourly 1 http://wordpress.org/?v=3.1.4 OTD boosts spinoffs with programs, grants http://blogs.bu.edu/otd/2010/12/14/otd-boosts-spinoffs-with-programs-grants/ http://blogs.bu.edu/otd/2010/12/14/otd-boosts-spinoffs-with-programs-grants/#comments Tue, 14 Dec 2010 10:47:58 +0000 admin http://blogs.bu.edu/techdev/?p=484
Vinit picture for newsletter 1

OTD Managing Director Vinit Nijhawan

Dear Reader,

The Office of Technology Development is accelerating BU spin-offs by investing in infrastructure elements: the Kindle mentoring program, Ignition Grants for faculty and Launch Award convertible debt funding and Business Incubation.

In 2010 we funded 11 Ignition grants ($500K), two Launch Awards ($350K) and currently have 86 mentors and 49 mentee projects being mentored. We have 15 companies in the incubator (including Good Start Genetics who just raised $18M). Furthermore we are creating a co-working space in the incubator with 10 desks available for individual entrepreneurs.

We have spun-off 21 companies who have either raised funding or are about to raise funding (see table below).  Please contact us if you are interested in learning more about any of these projects.

Have a safe and happy holiday season.

Sincerely,

Vinit Nijhawan, OTD Managing Director

startup portfolio chart

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