A number of University of Michigan centers and institutes are focused on the commercialization of research. These programs are providing remarkably fertile ground for discovering new ideas, as well as enhancing the educational experience.
- Life Sciences Institute – Center for the Discovery of New MedicinesThe Center for Discovery of New Medicines (CDNM) is the translational research/drug discovery center at the University of Michigan. Founded in 2012, it brings together the expertise required to advance projects from idea to clinical proof-of-concept.
- Business Engagement CenterThe Business Engagement Center was established at the University of Michigan in fall 2007 to strengthen the University’s ties to business and community partners and to help revitalize and diversify the state of Michigan’s economy.
- Center for Venture Capital and Private Equity FinanceOversees the finance and investment component of entrepreneurial studies at the Stephen M. Ross School of Business at the University of Michigan whose initiatives include connecting the School’s entrepreneurial network to the financial community.
- Fast Forward Medical InnovationFocused on accelerating biomedical innovation and commercialization in diagnostics, therapeutics, devices, and healthcare IT.
- Office of Technology TransferWorks to effectively transfer University of Michigan technologies to the market so as to generate benefits for the University, the community and the general public.
- Venture Center at the Office of Technology TransferThe Venture Center works with U-M inventors, entrepreneurs, market experts and investors to create and develop new high growth venture concepts.
- The Michigan Translational Research and Commercialization program (M-TRAC) was developed to fund translational research of novel, commercially viable technologies. M-TRAC Transportation provides resources to translational U-M College of Engineering and UMTRI projects with transportation applications that have high commercial potential.