SU receives $125,000 grant to develop New York state technology commercialization clinic

SU receives $125,000 grant to develop New York state technology commercialization clinicJune 04, 2007Jaclyn D. Grossojgrosso@law.syr.edu

Syracuse University College of Law’s New Technology Law Center (SUNTEC) has received a $125,000 grant from Assemblyman Bill Magnarelli (D-NY). The grant will fund outreach to assist New York state universities in setting up technology commercialization clinics in their graduate schools. The training will be modeled on the existing SU College of Law Technology Commercialization Research Center (TCRC) established by SU College of Law Professor Ted Hagelin more than 20 years ago. The TCRC was the first program in the country specifically designed to train law students in the field of technology commercialization.

“We are very grateful for Assemblyman Magnarelli’s generous support and we are eager to partner with other universities in New York state to create a statewide network of technology commercialization clinics,” says Hagelin. “We believe that having technology commercialization clinics, and faculty and student expertise, available statewide will assist universities, entrepreneurs and start-up and early stage companies to bring new technologies to market, which will ultimately contribute to economic growth and development in New York state.”

The outreach program will consist of helping graduate programs in law, engineering, business and other disciplines to provide technical, marketing and legal research and analysis to start-up companies and universities endeavoring to bring new technologies to market. Participation in such a program would offer graduate students in New York state a unique opportunity to study technology commercialization in a real-world setting while providing client organizations with very valuable research and analysis.

“The commercialization clinics across the state will make New York a leader in transforming extraordinary research into commercially viable products,” says Magnarelli. “I am proud that Syracuse University provides so much for our Syracuse community and is a hub of research and innovation for the Central New York Region. The Science and Technology Law Center provides invaluable services that help innovations from SU, as well as from all other research institutions throughout the state, move out of the labs and into the marketplace.”

Since its inception, the SU TCRC has undertaken more than 75 technology commercialization research projects on behalf of large, medium, small and start-up companies, universities, federal research laboratories and technology development organizations.

For more information, visit http://nys-stlc.syr.edu.