> UF Innovate
Supports an innovation ecosystem at the University of Florida
Supports an innovation ecosystem at the University of Florida
UF Innovate supports an innovation ecosystem at the University of Florida that moves research discoveries from the laboratory to the market, fostering a resilient economy and making the world a better place. Based at one of the nation’s leading research institutions, UF Innovate comprises four organizations: Tech Licensing, Ventures, and two business incubators, The Hub and Sid Martin Biotech.
Tech Licensing has earned its reputation as a leader in commercializing discoveries that cure diseases, create efficiencies, improve quality of life and create jobs. The Milken Institute ranked UF third in the nation for its technology transfer prowess.
The Hub and Sid Martin Biotech both nurture startups with the resources and expertise they need to thrive, thereby creating jobs and economic prosperity. Companies that get their start in an incubator increase their chance of survival by more than 80 percent, compared to companies that don’t.
UF Innovate | The Hub, which is also home to Tech Licensing and Ventures, is located in the Gainesville Innovation District, midway between the university campus and downtown Gainesville. UF Innovate | Sid Martin Biotech is located in nearby Alachua.
The International Business Innovation Association has twice named Sid Martin Biotech the best global incubator in the world. In 2019, the InBIA named The Hub the best mixed-use entrepreneurship center in the world.
Ventures, the newest branch of UF Innovate, will source new venture investments, prepare in-depth financial and data analyses for potential investments, work closely with angel groups and other investment funds, and develop entrepreneurs.
Organized under UF’s Office of Research umbrella, this quartet forms a comprehensive commercialization system that brings together five critical elements: facilities, capital management, talent, intellectual property, and technology-transfer expertise.
The work done by the entities under UF Innovate has transformed the entrepreneurial landscape and culture of Gainesville and Alachua County. The incubators are recognized as major catalysts in helping propel the university city toward becoming one of the top energized tech communities in the Southeast.
These are a few of the companies birthed out of the university and incubated at one of its incubators:
NanoPhotonica: This company provides innovative nano-materials and fabrication techniques that enable electronic displays to have highresolution, pure, vivid colors and high efficiency at significantly reduced manufacturing cost using Quantum Dot Light Emitting Diodes (QLEDs).
Banyan Biomarkers: With the support from the U.S. Department of Defense and researcher partners all over the world, Banyan Biomarkers makes a blood test to rule out the need for a computed tomography (CT) scan in adults who have a suspected head injury.
AGTC: This company develops genetic therapies to treat patients with inherited eye conditions, such as blindness.
AxoGen: AxoGen is a biomedical company developing and commercializing technologies for peripheral nerve regeneration and repair.
Shadow Health: Shadow Health offers healthcare simulation software that allows students to practice on virtual patients, providing conversationbased learning opportunities with a cast of virtual patients.
Sharklet: Sharklet is a sharkskin-inspired surface texture that inhibits bacterial growth. Its products are used in the healthcare industry to prevent infection without the use of chemicals or antibiotics.
UF Innovate