OMAHA, Neb. (May 6, 2011)—Over the past few years there has been an increasing discussion that commercialization of university-based discoveries is essential to help the US recover from the latest economic recession. As noted by Secretary of Commerce, Gary Locke, “How well America moves ideas out of the research lab and into the marketplace will determine whether we remain the most competitive and vibrant economy in the world.”
As any third grade geography teacher will tell you, the Midwestern states comprise a large percentage of the US land mass. What you won’t find in that geography book is that there is also a considerable amount of medical research occurring in this corridor. With the majority of biomedical commercialization resources and venture capital located on the two coasts, it is essential that the Midwest collaborate to leverage resources effectively.
On May 8-10 in Omaha, NE, the Midwest Technology Exchange (mTechx) will gather an internationally-renowned panel of speakers to help lead a collaborative conference focusing on the development and commercialization of Midwestern technologies which have been developed in collaboration with the U.S. Army Medical Research and Materiel Command (USAMRMC) and the Telemedicine and Advanced Technology Research Center (TATRC). Confirmed speakers include, Richard Bendis of Innovation America, Steven G. Burrill of Burrill & Company, Lesa Mitchell of the Kauffman Foundation, Rohit Shukla of Larta, and Jim Jaffe of NASVF. See the bios of all the speakers here.
This conference will be an inclusive two-day meeting that will bring together Army funded principal investigators in the Midwest region, technology transfer experts, company representatives, venture capitals, economic developers, military and civilian experts to discuss and collaborate on advanced methods to achieve tangible commercial success and develop an infrastructure to help advance technology development and commercialization of Army funded projects in the Midwest.