U of Cincinnati Looks To Engineers and Entrepreneurship for Opportunity Creation and Economic Growth

Just read an interesting piece about University of Cincinnati’s efforts  to offer more entrepreneurial opportunities to students and faculty in its engineering programs. (h/t tto2newco).

Apparently Dean Carlo Montemagno of the College of Engineering and Applies sciences is an educational innovator at UC. From the Enterchange:

He soon will launch an Entrepreneurial Innovation Center, too. In recent interviews, Montemagno revealed to the Enquirer the first details of a university initiative to create high-tech, high-paying jobs and drive economic development in this region.

Likely to open at the Edgecliff campus in Walnut Hills, the innovation center will give his college’s 140 professors and 4,300 students access to workshops, mentors, lab space and an engineering accelerator program to help build and launch businesses.

A new entrepreneurial sabbatical allows professors a year away from teaching in order to start their companies.

Eventually, all three efforts will be open to faculty and students in other UC colleges.

“The idea is to remove the wall between discovery at universities and implementation in the economy,” Montemagno says. “It ensures the relevancy of the research to fit the needs of the economy.”

From a recent university press release on the entrepreneurial initiatives:

University of Cincinnati officials today signed a memorandum of understanding (MOU) designed to increase the level of technology commercialization in Southwest Ohio.
Signing the MOU between UC and the Hamilton County Development Corporation were Santa Jeremy Ono, UC provost and senior vice president; Carlo Montemagno, dean of UC’s College of Engineering and Applied Science; and  David Main, president of the Hamilton County Development Co., Inc. (HCDC) and Hamilton County Business Center, Inc.

The non-binding MOU intends to foster a culture of innovation and entrepreneurship within the university’s College of Engineering and Applied Science (CEAS) by promoting the creation of technical businesses based on the research achievements of faculty, students and staff. This enterprise is expected to encourage the creation, development and growth of innovative ventures by leveraging the combined strength of UC’s technology expertise and HCBC’s entrepreneurial assistance services.

I have been looking and I see no mention of the Carl H. Lindner College of Business at the University of Cincinnati in any of the materials discussing these recent initiatives.

 

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