Jumpstart Foundry announced today a new collaboration with Vanderbilt's Center for Technology Transfer and Commercialization to boost Vanderbilt-based proposals into the Foundry's annual business accelerator.
Through the partnership, Jumpstart and CTTC will identify and evaluate select proposals from Vanderbilt faculty, staff and students, and CTTC will nominate select proposals for placement in Jumpstart's top 30 applicant pool. The accelerator will then rank the Vanderbilt group, and approximately the top dozen teams will be given an offer to participate in the business incubation program.
"This new engagement represents a dynamic extension of our growing relationship with Jumpstart Foundry that promises to create new and valuable opportunities for entrepreneurial-minded members of the Vanderbilt community," Alan Bentley, Vanderbilt's assistant vice chancellor of technology transfer and intellectual property protection, said in a release.
Vic Gatto, CEO of Jumpstart, said the accelerator is impressed with the potential at Vanderbilt. Last year the company selected Vanderbilt-based startup InvisionHeart, which was recently selected to pitch at Google Demo Day.
"The combination of Vanderbilt intellectual property and human talent with the Jumpstart Foundry curriculum and mentor network will create successful startups driving disrupting large industries and improving people's lives," Gatto said.
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