Continued strong growth for U-M technology transfer in 2004

ANN ARBOR—The number of new invention discoveries, startup companies launched and license revenues resulting from University of Michigan technology transfer activities all showed significant growth in fiscal year 2004, according to year-end results released by U-M Tech Transfer, the University’s technology transfer organization.

During fiscal year 2004 (ending
The 13 new companies bring the total number of U-M startups launched over the last five years to 47. More than 60 percent of these new businesses are headquartered in Michigan, mostly in the greater Ann Arbor area.