In 2017, the University of Guelph made a commitment to support academic entrepreneurship and formed a New Venture Creation team. Housed within the Research Innovation Office, these specialists support researchers who see commercial potential in their research. Offering incubation, mentorship and market research support, this group has helped researcher led teams to validate the market viability of their inventions and to create start-up companies to take innovative research-based products and services to market.
News related to innovation
Working with start-ups and academic entrepreneurs is a part of the day-to-day work that our New Venture Creation team performs. Their focus is on helping bring products and services based in UofG research to market through programming and mentorship support. While doing this work, they field a lot of questions from business founders who need resources that are readily available in the larger Guelph innovation and start-up ecosystem.
In the Spring of 2019, the Government of Ontario convened an independent expert panel to review the protection and commercialization of intellectual property (IP) that arises from research conducted at Ontario’s research institutions, including universities, colleges, and hospitals. The impetus for the panel was a recognition that as IP grows in importance within the global economy, a strategy for how best to develop and commercialize IP is important for Ontario’s future.
The Research Innovation Office is very pleased to announce that the winner of the 2019 Innovation of the Year prize is Professor Dave Wolyn, a plant geneticist in the Department of Plant Agriculture. Known for his work with asparagus and Russian dandelions, Wolyn and his team began their work on optimizing a breed of asparagus ideal for cold, northern climates in the 1980’s. The Millennium Asparagus breed that resulted from these efforts is the most popular breed being grown in North America.