Colorado State University establishes more startups per $100 million in research spending than the Massachusetts Institute of Technology, Harvard University and Stanford University.
The stunning statistic came out during a CSU Ventures dinner late last month, where an audience in a Hilton conference room sat rapt as the organization's president, Todd Headley, shared it during the meal. The group was gathered to honor CSU inventors and promising companies.
A technology-transfer office, CSU Ventures creates 1.5 startups per $100 million in research funding, Headley said. It formed five startups in 2010, when research spending topped $300 million, according to an Association of University Technology Managers survey.
That metric also has CSU finishing ahead of some other notable institutions, including Dartmouth College and Johns Hopkins University, according to a CSU Ventures analysis of the association's survey.
"We're well above average in terms of how many startups we do based upon the size of research expenditures," Headley said.
CSU Ventures certainly