InnovateOhio

*FOR IMMEDIATE RELEASE: *MEDIA CONTACT:*
*September6, 2019Carolyn Cypret, 614-995-1815

University Leaders Praise Ohio I.P. Promise

IP Promise

(COLUMBUS, Ohio)State university leaders today commended InnovateOhio and the DeWine-Husted Administration for the latest effort to attract businesses and entrepreneurs to the state through the launch of the I.P. Promise: Innovate.Ohio.gov/IPPromise [ [link removed] ]

*What They're Saying:*

We applaud Lt. Governor Husteds ongoing work to foster a climate of innovation in Ohio, and were pleased to partner with the Inter-University Council of Ohio and our colleagues around the state to improve the transfer of discoveries to the marketplace. As a result of this significant initiative, high-impact discoveries made at Ohio universities will go to market more quickly, boosting the states economy and fueling economic growth and increased opportunity for Ohioans and beyond.

*-Dr. Michael V. Drake, "President", The Ohio State University *

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"Since we changed our approach to intellectual property rights for internal and external partners the past two years, we've seen a 400% increase in the number of startups spun out of university-created IP and an increase in partnerships with companies like Kroger and WorldPay. When Lt. Gov. Husted visited us and learned about it, he understood this would be beneficial to all of the state's universities. We commend his leadership for taking action to make that a reality."

*-David J. Adams, "Chief Innovation Officer", University of Cincinnati*

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Cleveland State University is committed to enhancing technology transfer, applied research and corporate partnerships for the good of our economy and society as a whole. We are very proud to support the Ohio IP Promise and expand opportunities to get research out of the lab and into the hands of innovators across the state.

*-Harlan M. Sands, "President", Cleveland State University*

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Developing the IP Promise allowed the states university research community to come together, study and discuss methods to support entrepreneurial efforts. The University of Akron is a leader in technology transfer and patent generation, and the IP Promise is a way for Akron to work in step with other universities to better promote economic development throughout the state.

*-George Chase, Ph.D., "Interim Director of Research Initiatives", University of Akron*

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Wright State is excited to be part of this initiative, which will provide a clear path for faculty in pursuing entrepreneurial and commercial ventures and help ensure that the university is competitive when it comes to the transfer of university discoveries to the commercial sector.

*-Cheryl B. Schrader, "President", Wright State University*

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BGSU is a public university creating public good. One of the ways we do that is by working to address our societal challenges through research and innovation. The IP Promise creates an opportunity where discovery can thrive through partnerships among universities, researchers, entrepreneurs, investors and industry. By enhancing collaboration, high-impact discoveries at BGSU will go to market more quickly, boosting Ohios economy and improving its residents lives with new products and services.

*-Rodney K. Rogers, "President", Bowling Green State University *

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The Ohio IP Promise sets a strong foundation on which Youngstown State University students and faculty may forge strong collaborations, building a bridge between academia and industry. The translation and transformation of research into practice or products that may occur with the Ohio IP Promise will create awareness of YSU research and faculty, stimulate recruitment of both students and faculty and ultimately, strengthen Northeast Ohios economy.

*-Severine Van slambrouck, "Director, Office of Research Services, "Youngstown State University*

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With the Ohio IP Promise helping connect universities intellectual capital to workforce innovation, we can spur growth in the states entrepreneurial economy and in prosperous careers for graduates. Miamis Boldly Creative investment and existing partnerships will be among those to benefit from a better-connected landscape for creativity in Ohio.

*-Gregory Crawford, "President", Miami University*

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The Ohio IP Promise reinforces our ability to ensure that innovations at Ohio University have the best possible opportunity to have a positive influence in the world. Our faculty, researchers and entrepreneurs are second to none and this program further clears the path for their good work to make a difference.

*-Dr.* *M. Duane Nellis, "President", Ohio University*

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NEOMED is pleased to be a committed participant in the Ohio IP Promise initiative. We expect that increased transparency of information to businesses and entrepreneurs regarding access to university technologies will significantly speed the processes of commercialization and bolster our regional and state economies. This is a win-win initiative.

*-Steven P. Schmidt, Ph.D., "Vice President for Research and Dean of the College of Graduate Studies", Northeast Ohio Medical University (NEOMED)*

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"Jon Husted is the 66th and current Lt. Governor of Ohio. He serves as the Director of InnovateOhio, the Director of the Governors Office of Workforce Transformation, and oversees the Common Sense Initiative (CSI). You can learn more at ""www.LG.Ohio.gov" [ [link removed] ]"."



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