Notes
Slide Show
Outline
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Commercializing Cognitive Technologies at the University of Colorado
  • Technology Transfer Case Studies
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ULEHI:  Mission & Purpose
  • To assist CU inventors in building successful companies based on their platform discoveries.
  • Primary legal purpose:  To hold and manage private equity for the benefit of CU, which is received by the TTO as partial consideration for the license.
  • Primary operating purpose:  To facilitate interaction between start-up companies and constituencies in the academic, business, and finance communities to surround promising opportunities with the expertise needed to build world-class companies.


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Working with Start-ups
  • Education
    • engage faculty and entrepreneurs to assess inventions, develop commercial strategies, and understand the university start-up process
  • Company Formation
    • assist start-ups with legal issues, including incorporation, capitalization, and seed financing strategies
  • Business Plans
    • interns, student teams, and business volunteers are recruited to research markets, craft commercial strategies, and write business plans for presentation to financial investors.


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Working with Start-ups
  • Management Recruitment
    • Entrepreneurial management helps ensure new companies target the right markets with the right strategy, stay commercially focused, and are able to raise capital to achieve critical milestones.
  • Seed Financing
    • Proof of Concept Program

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Working with The Coleman Institute
  • Funding provided to CU investigators
  • Promising research discoveries are disclosed to the Technology Transfer Office (“TTO”)
  • TTO and faculty assess inventions for commercial potential
    • license to existing company or start a new company

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Three New Ventures
  • Mentor Machines
    • computer-based learning tools
    • Center for Spoken Language Research
  • Advanced Neurological Devices
    • shape memory polymer electrodes
    • cross-disciplinary effort
      • Mechanical Engineering, CU-Boulder
      • Cell and Developmental Biology, UCHSC
      • Integrative Physiology, CU-Boulder and Cell and Developmental Biology, UCHSC
      • Electrical Engineering, CU-Boulder
  • Automated LSVT
    • speech therapy



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Mentor Machines: Core Technology
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Vision
  • Teach people to read, comprehend text, learn new languages, acquire job skills…
  • Including individuals with sensory deficits, cognitive disabilities and neurological disorders
  • Through conversational interaction with virtual humans
  • That behave like sensitive and effective teachers or therapists
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What is a virtual tutor?

  • with personality and attitude


  • that engages users in natural face-to-face conversation


  • to produce great learning experiences



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Foundational Reading Skills Exercises
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Interactive Books
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Steps to Commercialization
  • Intellectual Property disclosed and protected
  • Mentor Machines formed
  • MBA summer intern
    • Colorado Technology Commercialization Partnership
  • Board of advisors
  • License agreement negotiation
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Automated LSVT®
Speech Therapy
  • Partnership between Lori Ramig, Center for Spoken Language Research, LSVT Foundation and GleeCo
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LSVT Therapy
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To a patient…major life impact
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LSVT Products



  • LSVT®Training access: speech clinicians
  •     currently in 25 countries


  • LSVT Foundation (501C3)
  • LSVT ® Treatment access: patients
  • LSVTC®, LSVTVT®


  • JV:GleeCo, LLC/Mentor Machines,LLC
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Steps to Commercialization
  • Intellectual Property to be disclosed and protected
  • MBA student team
    • Business Plan Preparation course fall 2004
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Conclusions
  • Coleman-sponsored research and technology transfer is a winning combination
  • Technology commercialization --
    • moves promising inventions from lab to marketplace
    • acts as a bridge between pure research and commercial research
    • helps to launch new products that better the human condition