TechConnect Summit 2010

Midwest Research University Network, Inc. (MRUN)

Midwest Research University Network, Inc. (MRUN)

MRUN was established in 2002 as an alliance of university business development professionals dedicated to facilitating growth of technology spinout companies through start–up formation. MRUN is built around the idea that regional cooperation in new business formation can foster commercialization of university research. To that end, representatives involved with startup business formation at several Midwest reseach institutions chose to leverage their relative geographic proximity and began meeting quarterly to explore cooperative options. The early MRUN members were from eight Midwest states: Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri, Ohio and Wisconsin.

Today MRUN member institutions from throughout the original eight state region and beyond work together informally to address common problems in startup business development and exchange information about:

  • Angel and seed–stage financing
  • Placement of management talent
  • Opportunities for collaboration

While MRUN works closely with patent and licensing officers in their respective institutions, the focus is on start–up enterprise development as an important element of university technology transfer and local economic development.

Through its efforts, MRUN also seeks to draw attention to the quality of the Midwest’s many excellent research institutions and their importance to the growth of the region in the 21st Century.

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