New Ventures offers a suite of services to assist entrepreneurial University of Kentucky faculty, staff, and students in the company formation and development process. This suite of services is managed by the University of Kentucky Office of Technology Commercialization's New Ventures team.
The New Ventures team helps create a seamless pathway to future success by working closely with UK faculty, staff and students, who have either disclosed intellectual property (IP), plan to disclose IP, or plan to license a technology.
Our portfolio includes companies in life sciences, medicine, engineering, healthcare, advanced materials, information technology, and equine diagnostics.
BUSINESS MODEL DEVELOPMENT
Perform analysis of the revenue opportunities available and work with the company to begin developing strategies.
COMMERCIALIZATION GRANT SUPPORT
Support related to commercialization and startup-focused grants.
EMPLOYMENT AND INTERNSHIP OPPORTUNITIES
Match highly qualified students looking for an internship or other employment with an early-stage company.
Connect startup companies to entrepreneurs with the experience and capabilities necessary to build out the management team and infrastructure.
Collaborate with the founders to develop strategies and timelines for seeking funding opportunities.
Present a list of appropriate legal counsel and service providers.
The Office of Technology Commercialization (OTC) does not provide legal representation.
MARKETING MATERIALS DEVELOPMENT
Review and develop materials for investor pitches, competition and conference presentations, business development, and partner outreach purposes.
Coach entrepreneurs on the content and delivery of company pitches.
STRATEGIC PARTNER OUTREACH
Market the company's technology to potential partners as a method of providing alternative funding sources and to advance the pace of innovative research.
IP STRATEGY DEVELOPMENT
Develop intellectual property (IP) strategies for companies in conjunction with plans for the business.