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TTAC partners with University of Memphis to boost entrepreneurial activity in West Tennessee

Launch Tennessee’s new consortium, which collaborates with three Tennessee universities, is assisting the University of Memphis with its tech transfer efforts.

The Tennessee Technology Advancement Consortium is a pilot project working to provide commercialization and technology transfer support for The University of Memphis, Tennessee State University and Tennessee Tech University.

The new collaboration aims to foster innovation, democratize access to commercialization support for novel technologies, and streamline commercialization of university-based innovations across Tennessee. 

LaunchTN has committed resources to TTAC, including $80,000 to support commercialization and economic development activities at each participating institution, along with funding for legal and service fees required for intellectual property evaluation and protection.

The University of Memphis’ current work includes a program that boosts tech transfer and commercialization by supporting post-doctoral entrepreneurs. They are also working to expand the University of Memphis Research Foundation Park to increase recruitment and capacity to grow and bring companies and technologies on campus.

Tech transfer
 Dr. Hai H. Trieu, Director of Technology Commercialization, runs the tech transfer office at the university.

The tech transfer office has increased the number of patents nearly three folds in the past eight years. Its goal is to serve more faculty inventors, grow the intellectual property portfolio, as well as help commercialize more technologies.

“This recent partnership with TTAC is expected to further help the tech transfer office in achieving its goal in the future,” said Trieu.

In partnership with Epicenter, the FedEx Institute of Technology and the Crews Center for Entrepreneurship, the tech transfer office has been co-supervising and mentoring, to date, nine entrepreneurs on technology commercialization in the Patents-to-Products (P2P) post-doctoral fellowship program.

With its network of organizations, institutions and investors across the state and beyond, TTAC will also be a helpful resource for the tech transfer office in supporting entrepreneurship and technology commercialization on campus, and the tech transfer office will continue to expand its efforts in promoting innovative culture and activities across campus.

“Over the years, the tech transfer office has provided workshops related to intellectual properties and tech transfer processes, SBIR/STTR workshops offered by LaunchTN, grants for further development of commercially promising technologies, faculty inventor recognition, one-on-one coaching on invention and technology commercialization, etc.,” said Trieu, who is a Fellow of the National Academy of Inventors and co-inventor or sole inventor of over 200 US and international patents.

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