Tech Transfer eNews Blog

The Founder Hunt will connect Kentucky researchers with entrepreneurs to take their innovations to market

By Jesse Schwartz
Published: November 27th, 2019

A new event at the University of Louisville (UofL) will pair technologies developed Kentucky universities with entrepreneurs who want to create start-ups around them.

Launched jointly by the University of Kentucky (UK) and the Commonwealth Commercialization Center (C3), the Founder Hunt features university researchers pitching their innovations to the entrepreneurs.

“The goal is to make connections between these founders looking for their next big play and our start-up-ready technologies,” says Will Metcalf, executive director of research development and strategic initiatives at the UofL Office of Research and Innovation.

At the inaugural Founder Hunt in mid-November, researchers from UofL pitched technologies including a cancer-fighting inhibitor, an artificial intelligence-powered diagnostic tool for diabetic retinopathy, a respiratory training device for people with COPD, and more.

“What a fabulous opportunity to promote our technology in front of a room full of experienced investors, marketing representatives and founders of local start-ups,” says UofL researcher Tommy Roussell, who pitched the respiratory device. “We made several meaningful connections and just had a ton of fun.”

As an incentive for start-ups founders, the first one to license a technology during the Founder Hunt also receives up to $10,000 in product design services from MED Institute, up to $2,000 in legal services from Frost Brown Todd and up to $1,500 in accounting services from DMLO CPAs.

“We want to build strong teams, strong partnerships, that can build high-growth businesses and draw significant investment to Louisville,” says Metcalf. “We’re shooting for $200 million over the next several years.”

Source: U of L News

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