OTC FY 2020 ANNUAL REPORT
By The Numbers
117 inventions
disclosed in FY 2020
$2.9 million
in gross royalty income in FY 2020
165 patent applications
filed in FY 2020
$5.9 million
in income distributed to inventors since 2010
29 licenses & options
executed in FY 2020
$16.8 million
income distributed to colleges & departments since 2010
UKACCEL/UACCEL PROGRAM UPDATE
LAUNCH BLUE'S FIRST UKACCEL/UACCEL GRADUATING COHORT
On December 4, the first innovator cohort graduated from the UKAccel/UAccel accelerator program managed by Launch Blue.
- Dr. Andrew Byrd, University of Kentucky College of Arts and Sciences. Team included John Meister (SuperSoul)
- Dr. Florin Despa, University of Kentucky College of Medicine. Team included Drs. Stephen and Aaron Carrithers. Startup: AmDX Prognostix
- Dr. Jared Hammill, University of Kentucky College of Pharmacy
- Dr. Carrie Shaffer, University of Kentucky College of Agriculture, Food and Environment
- Dr. Qinjun Wang, University of Kentucky College of Medicine
- Dr. Jason Marion, Eastern Kentucky University College of Health Sciences. Team supported by Megan Aanstoos, licensing and new ventures manager, Kentucky Commercialization Ventures
“The first cohort of the UAccel program in partnership with Launch Blue and Kentucky Commercialization Ventures has been an overwhelming success. UAccel’s unique combination of entrepreneurship training, cohort meetings with report-outs, individual coaching sessions, and application assignments provided the framework for teams to fully engage with the program, challenge their assumptions, and conceptualize viable commercialization pathways for their technologies.” --Eric Hartman, associate director, UK Office of Technology Commercialization and coach for the UKAccel/UAccel program.
Congratulations to all the innovators who participated and graduated!