Oct. 8 SIUC Expo Features Faculty Inventors and Venture Capital Experts
Carbondale, IL, September 30, 2010 --(PR.com)-- Combining university inventions with the money and management expertise to build business and income is the aim of the Technology and Innovation Expo, Oct. 8 at Southern Illinois University Carbondale. Entrepreneurs, investors and business executives can learn about business start-up opportunities stemming from university research and gain insight into related early-stage investment issues.
Several university inventors will showcase patented or patent-pending technologies, as well as potential opportunities for investment to further their ventures. The inventions have potential as stand-alone products or as improvements to existing products and processes.
“Our scholars and researchers do an outstanding job of creating new knowledge and solving problems,” SIUC Chancellor Rita Cheng said. “This event presents a great opportunity for them to learn more about commercializing their work, and for investors and business representatives to learn about the many benefits that research conducted on this campus can generate.”
One example is research done by SIUC faculty inventor David Lightfoot.
“Our methods could reduce soybean yield losses by $1 billion annually,” he said. “A company that uses our technologies will benefit via cost saving and efficiency improvements.”
Lightfoot is among the inventors of patented or patent-pending technology who will be speaking at the Expo.
Additionally, four seasoned investors will discuss the process and implications of investing in early stage technologies and companies during the program’s afternoon session. Panel members include the president and founder of Heartland Angles, Ron Kirschner; Illinois Ventures for Community Action CEO John Farrell; James M. Schultz, a partner in Open Prairie Ventures and Jesus Ponce de Leon of Girardeau Ventures, LLC.
Over the past decade, Southern Illinois University Carbondale, along with the SIU School of Medicine, has filed 113 patent applications, resulting in 39 issued patents and more than $3.8 million in royalties. University technology commercialization is a key part of the economic development efforts of the university and promotes research and development activities. The Technology and Innovation Expo works to facilitate growth in these activities.
The SIUC Technology and Innovation Expo -- Fall 2010 is set for 9 a.m. to 5 p.m., Friday, Oct. 8 at the Dunn-Richmond Economic Development Center in Carbondale. Registration is $25 and includes a catered lunch and reception. Space is limited to the first 150 registrants. Complete event details and registration via credit card is online at www.tie.siuc.edu.
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Several university inventors will showcase patented or patent-pending technologies, as well as potential opportunities for investment to further their ventures. The inventions have potential as stand-alone products or as improvements to existing products and processes.
“Our scholars and researchers do an outstanding job of creating new knowledge and solving problems,” SIUC Chancellor Rita Cheng said. “This event presents a great opportunity for them to learn more about commercializing their work, and for investors and business representatives to learn about the many benefits that research conducted on this campus can generate.”
One example is research done by SIUC faculty inventor David Lightfoot.
“Our methods could reduce soybean yield losses by $1 billion annually,” he said. “A company that uses our technologies will benefit via cost saving and efficiency improvements.”
Lightfoot is among the inventors of patented or patent-pending technology who will be speaking at the Expo.
Additionally, four seasoned investors will discuss the process and implications of investing in early stage technologies and companies during the program’s afternoon session. Panel members include the president and founder of Heartland Angles, Ron Kirschner; Illinois Ventures for Community Action CEO John Farrell; James M. Schultz, a partner in Open Prairie Ventures and Jesus Ponce de Leon of Girardeau Ventures, LLC.
Over the past decade, Southern Illinois University Carbondale, along with the SIU School of Medicine, has filed 113 patent applications, resulting in 39 issued patents and more than $3.8 million in royalties. University technology commercialization is a key part of the economic development efforts of the university and promotes research and development activities. The Technology and Innovation Expo works to facilitate growth in these activities.
The SIUC Technology and Innovation Expo -- Fall 2010 is set for 9 a.m. to 5 p.m., Friday, Oct. 8 at the Dunn-Richmond Economic Development Center in Carbondale. Registration is $25 and includes a catered lunch and reception. Space is limited to the first 150 registrants. Complete event details and registration via credit card is online at www.tie.siuc.edu.
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Contact
Southern Illinois University Carbondale, Technology Transfer Program
Amy McMorrow Hunter
618 453 4556
http://techtransfer.siuc.edu
Event website: http://tie.siuc.edu
Amy McMorrow Hunter
618 453 4556
http://techtransfer.siuc.edu
Event website: http://tie.siuc.edu
Contact
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