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MU Receives APLU Designation

For Exemplary Efforts

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MU Receives APLU Designation for Exemplary Efforts in Advancing the Economic Well-being of the State, Region and Nation

Story Contact: Christian Basi, BasiC@missouri.edu, 573-882-4430

For photos available with this release, please click here.

By Diamond Dixon

COLUMBIA, Mo. – Since 2008, MU has filed 278 U.S. patents and signed 204 options and licenses for new technologies developed at the university. As a result, companies that have licensed products invented by MU scientists have received about $1 billion in sales revenues. University officials also have created resources to support and encourage entrepreneurial students. Now, the University of Missouri has been designated by the Association of Public Land-grant Universities (APLU) as an Innovation and Economic Prosperity University (IEP) recognizing MU for its successes in innovation and entrepreneurship, technology transfer, talent and workforce development, and community development.

“Universities are economic engines that not only directly employ people, but also generate research-based innovation and technical expertise that allow businesses to start up, grow and thrive,” APLU President Peter McPherson said. “This designation recognizes universities that are really stepping up to strengthen their local, state and the nation’s economies.”

MU was one of 16 public institutions to receive this designation. MU is natural hub for innovation, as it is one of the few universities in the nation with a hospital, a veterinary hospital, a law school, a College of Engineering, and a business school on one campus.

MU has had successes with economic development and prosperity through the coordinated efforts of the offices of Economic Development, Technology Management and Industry Relations, the Mizzou Advantage initiative, and MU Biodesign and Innovation Program (MUBIP). A key mission of Mizzou Advantage is to bring together faculty from different disciplines across campus to collaborate and innovate. Mizzou Advantage has proven its ability to mutually engage with private sector companies as more university researchers have commercialized their intellectual property, resulting in more jobs for the community. MUBIP was created to improve patient care through invention development of new medical technologies. Approximately two years ago, Collaboration, Leadership and Innovation for Missouri Business (CLIMB) was created to facilitate the formation of commercialization teams to move innovative business ideas forward. These organizations empower students, faculty and com! munity members to become agents of innovation and economic growth through entrepreneurial opportunities.

Read the rest at the MU News Bureau >>