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Two MU Start-up Ventures Get Investment From University of Missouri System



2/27/2012 8:53:31 AM

University System President Tim Wolfe announced that two MU research teams have been chosen to receive close to $1 million in investments from the university, the state and private investors to get their startup companies off to a strong start. These selections follow an intensive review of 16 research team applications for funds available through the university’s Enterprise Investment Program (EIP)--an initiative launched after the American economic recession began in 2008 to expedite the transfer of researchers’ lab innovations to the marketplace and to create new Missouri businesses and jobs.

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