Almost one year ago, University of Washington President Michael Young made a pledge to double the number of startup companies spinning out of the state’s top research institution.
But has he kept his promise?
The answer is yes. The UW is currently on track to reach its goal nearly two years ahead of schedule, with eight new startups having debuted in the past six months.
Last February, the university celebrated the grand opening of a 23,000-square-foot startup incubator in Fluke Hall, which was built to accomodate 25 companies. Now, startups with a broad range of technological focuses — from computerized hospital whiteboards to battery-powered leak detectors — occupy the offices of the New Ventures Facility at the UW Center for Commercialization (C4C).
Read the full story here: Lily Katz, Geekwire, January 15, 2013.