RESOURCES AT THE UNIVERSITY OF WASHINGTON

1. RESOURCES AT THE UNIVERSITY OF WASHINGTON • Departmental, e.g., university, royalty and license income • College of Engineering, School of Medicine, Business School, and Law School funding • By working together, synergistic effects and more attractive to administration and external community • University’s central funding on entrepreneurship • Course fees • Corporate partners • Entrepreneurs • Alumni • Venture capitalists • Endowment • Annual funding of ~$700k/year + free services and mentoring

2. CENTER FOR TECHNOLOGY ENTREPRENEURHSIP (CTE) AT THE UNIVERSITY OF WASHINGTON • Interdisciplinary center for creating and disseminating knowledge on technology entrepreneurship and innovation • Provide students the education and training to become successful entrepreneurs or corporate entrepreneurs • Business, Engineering, Medicine, Arts and Science, and Law • University funding: $215k per year • The rest via fundraising and endowment income • Faculty summer salary • Professional and classified staff • Operating costs, business plan competition • Outreach activities, e.g., speaker series • WRF/Gates Fellowships and other student support

3. POSSIBLE SOURCES FOR FUNDING FOR ENTREPRENEURSHIP • Foundations • Whitaker Foundation • National Collegiate Inventors and Innovator Alliance (NCIIA) • Kauffman Foundation • Coulter Foundation • Others • Federal and local government • NSF • NIH: NIBIB, NCI, … • DOE and DOC • State and local governments • International: governments, universities, and/or companies

4. OTHER POSSIBLE SOURCES FOR FUNDING FOR ENTREPRENEURSHIP • Internal seed funding, sustainable? • External venture firms • Companies • NewCo or independent organization

5. WHERE SHOULD THESE ACTIVITIES BE CENTERED? • Within Bioengineering • COE, SOM or both • Business School • Interdisciplinary • Outside, but affiliated with university • Shared by multiple institutions