The University of Minnesota launched a record 14 startup companies — many with a medical focus — in 2013. In 2012, it launched 12 startups, breaking the previous year’s record of nine. In a climate of decreasing federal support for scientific research and increasing competition for research grants, the University is working hard to ensure that its discoveries enter the marketplace, where they can have the most impact. Since the Office of Technology Commercialization’s Venture Center was formed in 2006, a total of 52 startup companies have been created. Today 80 percent are still active.
Rand Brenner is President / CEO of Licensing Consulting Group, an intellectual property management and licensing company specializing in assisting clients in IP Management, Strategic Consulting, Acquisition of Licensing Rights, and Property Representation. Rand has licensed some of the biggest Hollywood blockbusters, including “Batman” and the “Mighty Morphin Power Rangers”, both of which generated billions of dollars in worldwide merchandise sales. He has lead various international licensing programs as both licensee and licensor, and through consulting projects focused on licensing strategy, brand development, sponsorship sales and property representation.