CSU Ventures added five spinouts and 36 licensing agreements to its portfolio during the 2018 fiscal year, taking its total to 45 and 315 respectively.
Colorado State University (CSU)’s tech transfer office, CSU Ventures, generated five spinouts during 2018 and negotiated 36 licensing agreements, down slightly on the 44 licences secured last year.
CSU Ventures’ active portfolio now comprises 45 spinouts, 315 licences and 625 patents.
Licensing revenues at the unit also dipped, falling to $1.8m in 2018 from $3m the previous year. The unit reported 112 invention disclosures and 53 issued patents, compared with 101 inventions and 66 patents in 2017.
CSU disclosed that its research had attracted $374.9m in funding in 2018 from government agencies, private foundations and nonprofit bodies. The university said this represented a 10.8% increase on 2017, when it reported $338.4m in research expenditures.
Grants from US federal agencies amounted to $268.7m, up 12.3% from $239.2m in 2017, while other agencies and foundations injected $53m, up from $50.2m. The US Department of Defense provided the most of any federal body, supplying $79.4m in 2018 compared to $58.8m the previous year.
CSU projects to have secured research funding recently include a nanoscale electronics scheme which received $1m from the WM Keck Foundation, and a project targeting potato crop diseases funded by the US Department of Agriculture to the tune of $2.5m.
Alan Rudolph, vice-president for research at CSU, said: “We have made significant strides investing in our research enterprise at CSU.
“We have increased support to our faculty, students and staff who are pursuing their research ideas with passion, and translating discoveries into societal impact. Our annual productivity numbers are an outcome of these infrastructure and other investments.”
