Innovation in Action

Results That Matter

The Cornell Research community—faculty, students, alumni, funders, and partners—produces innovative results in basic and applied research and scholarship. The results of Cornell Research address societal concerns, enrich lives, and advance the economy. Cornell University is deeply committed to the transfer of knowledge and discoveries, the commercialization of new technology, sustainable economic development, and job creation, which work together to improve the quality of life for people and communities spanning the globe—results that matter.

Innovation & Entrepreneurial Resources

The Center for Technology Licensing (CTL) is Cornell University's technology transfer office. CTL manages technology for the Ithaca campus, Weill Cornell Medicine, Cornell Tech, and the New York State Agricultural Experiment Station in Geneva, New York. CTL’s mission is to bring the university’s scientific discoveries, technological innovations, and medical advances to the marketplace for societal benefit and to foster economic development within New York State and across the nation.

Kevin M. McGovern Family Center for Venture Development in the Life Sciences nurtures the development of Cornell early stage life science startups. The center facilitates R&D to proof of principle, helping to build management teams, validate the business plans, and accelerate venture or industrial investments. The McGovern Center maintains a state-of-the-art incubator facility on Cornell’s Ithaca campus.

Praxis Center for Venture Development fosters the development of Cornell early stage startups in digital and physical sciences. As a Cornell incubator on the Ithaca campus, the center helps Cornell startups grow from interesting ideas to self-sufficient enterprises—focusing on accelerating technology and product development, validating value propositions, and strengthening management teams. The center helps companies to generate significant external investments in order to achieve a sustainable level of economic activity.

Entrepreneurship at Cornell, a diverse university-wide program, discovers and stimulates the entrepreneurial spirit throughout the Cornell University campuses. The program inspires entrepreneurship at Cornell through educational initiatives, experiential learning, and entrepreneurial and networking events and resources.

Weill Cornell Medicine BioVenture eLab, part of BioPharma Alliances and Research Collaborations, fosters an entrepreneurial ecosystem for researchers, clinicians, and staff at Weill Cornell Medicine (WCM). Providing access to resources, training, and mentorship in biomedical entrepreneurship, the program positions members the WCM community for success as leaders in new ventures as well as in life science industries.

Cornell Entrepreneur Network (CEN) brings Cornellians together to talk face to face about entrepreneurial topics. The network provides the opportunity to connect Cornellians—those who have extensive experience and knowledge with those who want to know more—to discuss topics ranging from pitching an idea to owning a startup to finding angel investors. CEOs, serial entrepreneurs, and other experts are always availalbe to encourage Cornell entrepreneurs.

eLab, an accelerator program for student startups, is a highly competitive year-long experience that enables students to grow their businesses and earn course credit at the same time. Student teams have the opportunity to refine their business ideas, strengthen their teams, and improve their entrepreneurial skills. Students meet regularly with instructors, and eLab alumni and network with experienced entrepreneurs, investors, and Cornell alumni.

Smith Family Business Initiative at Cornell supports and strengthens the network of owners, leaders, and alumni who work for a family business. The initiative is a collaboration between Bank of America and Cornell University to provide online learning for women entrepreneurs, concentrating on skills, knowledge, and resources for building, managing, and scaling a successful business. This online learning portal uses expertise from the Cornell Law School, Charles H. Dyson School of Applied Economics and Management, Entrepreneurship at Cornell, and eCornell.

Red Bear Angels, founded by a group of Cornell Board of Trustee Emeriti and alumni venture capitalists, creates a route to individual investors who can be most helpful to Cornell entrepreneurs. Red Bear Angels makes it easier for individuals to make angel investments in startups tied to Cornell University and its alumni.

Cornell’s Research Serves the Region and Beyond: Small Business Development illustrates how Cornell technology is transferred from the lab bench to the real world through the creation of small businesses and the transfer of knowledge to industry, particularly in New York State. This online directory features small businesses that evolved from Cornell technologies, were founded by Cornell faculty, staff, students, and alumni with the benefit of Cornell resources, and that benefit from Cornell resources because of proximity to the university. It also covers all companies that licensed Cornell technology.

Cornell Economic Impact and Entrepreneurship Website shows how Cornell’s expertise in research, technology, and business education impacts communities globally in meaningful ways. The university’s mission extends beyond the classroom to helping entrepreneurs access the research and mentorship they need to start and grow successful businesses.

The Leland C. and Mary M. Pillsbury Institute for Hospitality Entrepreneurship (PIHE) at the Cornell University SC College of Business Hotel School is a premier platform of knowledge in entrepreneurial thinking and behavior with an emphasis on hospitality, service, and customer experience. PIHE informs companies and students on nonlinear problem solving methodologies, opportunity identification, and innovation with constrained resources—all within the context of corporate, new venture, and social enterprises. In addition to preparing students to launch sustainable new ventures, this approach to entrepreneurship education also addresses the need for entrepreneurial thinkers within existing organizations.