KU News: $500K Kansas Department of Commerce grant helps bolster KU startup ecosystem

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Kansas Department of Commerce grant helps bolster KU startup ecosystem

LAWRENCE — University researchers who develop new technologies face a number of hurdles in getting those innovations from the lab to the market. A $500,000 Forging Opportunities for Research, Growth & Entrepreneurship (FORGE) grant from the Kansas Department of Commerce will help KU create software, infrastructure and financial mechanisms needed to bridge the gap between academia and industry, growing the state’s economy while enhancing the university’s teaching and research missions.

 

Campanile area upgrades improve access, aesthetic and functionality

LAWRENCE — As the fall semester begins, a refreshed vision of the Campanile area is starting to take shape. Construction crews over the summer have replaced aging pavement in the plaza area and surrounding sidewalks and stairways. Stone repairs and upgrades to the electric panel and service entry will begin in the fall, as well as new landscaping efforts. The repaved walkways have improved ADA accessibility around the Campanile, and added lights to the north will increase nighttime visibility in the area.

 

KU faculty honored with 2024 College Awards

LAWRENCE — Faculty contributions in research, teaching and mentoring were recognized this spring with a series of awards from the College of Liberal Arts & Sciences at the University of Kansas. The prizes acknowledge outstanding professors for commitment to advising and teaching to undergraduate and graduate students, as well as innovation in research.

 

Full stories below.

 

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Contact: Vince Munoz, Office of Research, 785-864-2254, [email protected], @ResearchAtKU

Kansas Department of Commerce grant helps bolster KU startup ecosystem

 

LAWRENCE — University researchers who develop new technologies face a number of hurdles in getting those innovations from the lab to the market. A $500,000 Forging Opportunities for Research, Growth & Entrepreneurship (FORGE) grant from the Kansas Department of Commerce will help KU create software, infrastructure and financial mechanisms needed to bridge the gap between academia and industry, growing the state’s economy while enhancing the university’s teaching and research missions.

 

“With this support from the Kansas Department of Commerce, we will be able to develop fundamental building blocks that assist established companies in accessing KU resources while also developing an infrastructure that supports KU startups in their entrepreneurial journey,” said Tricia Bergman, associate vice chancellor for economic development.

 

Some companies proactively seek to partner with university researchers but don’t know who in the university to contact to get started. KU staff will use some of the FORGE grant to develop a Jayhawk Front-Door Chatbot that company representatives and economic development professionals can use to understand what resources the university has and who within KU might be able to provide assistance. The chatbot is a large language model software that employs natural-language-processing techniques to quickly search many KU websites for answers to a prospective partner’s question.

 

“The chatbot will be especially beneficial as we consider expertise across all of our campuses,” Bergman said. “For example, suppose someone is interested in understanding if we could help them with material testing capabilities or in identifying a resource that works in air purification. The answers to these questions are not straightforward unless you know exactly where to go. The chatbot will be helpful in providing initial options that we can quickly and efficiently discuss with the industry partner.”

 

The grant will also support the construction of an international launchpad at KU Innovation Park. This 2,000-square-foot space will house a research laboratory and offices for international firms interested in being close to KU to access its research expertise and resources. Construction on the Park’s next phase of development, including the launchpad, is expected to begin in 2025.

 

“Establishing an international launchpad at KU Innovation Park will enable companies from around the world to seamlessly tap into resources and knowledge at the university,” said Adam Courtney, CEO of KU Innovation Park. “This space will lower the barriers for international companies to start and grow a presence quickly in Kansas, creating new collaborations and economic growth.”

 

Nurturing innovation

In addition to software and research space, the FORGE grant will support financial mechanisms that will help KU nurture the development of new innovations more fully before they are spun out into a Kansas startup company. The Rock Chalk Ready Fund will provide four to six, $35,000 pre-company grants to “de-risk” the technology or business model of a potential startup working with KU intellectual property. De-risking means identifying critical milestones that will increase the likelihood of forming a sustainable startup company. Examples of potential milestones could include creating prototypes, collecting key data, performing a regulatory analysis or other activities that demonstrate the viability of a technology or business opportunity. Master of Business Administration students at KU will participate as part of each pre-company team to provide support from a market and business perspective.

 

An additional Rock Chalk Raise Fund will provide a smaller pool of $20,000 for early startups to travel to out-of-state conferences or investor meetings. This second fund will provide the startup an opportunity to validate its idea with potential customers and reach new audiences.

 

“We’re appreciative to the state for supporting us through FORGE and helping KU develop new models to advance innovation arising from research at both Lawrence and the medical center,” said Cliff Michaels, executive director of the KU Center for Technology Commercialization. “The goal is multifold — to move opportunities closer to ‘go, no-go’ decision points and, when possible, also better position those opportunities for whatever their next steps might be.”

 

Recipients of either fund, as well as others across KU, will be eligible to participate in a two-day boot camp that walks them through the process of applying for the Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) program. SBIR and STTR are equity-free funding opportunities provided by the U.S. Small Business Administration. Participants will also receive group and individual coaching as they work through the grant applications. The SBIR and STTR boot camp coaching are similar to other training programs offered to help KU researchers earn federal grants, returning tax dollars to the state.

 

Stimulating investment

The final initiative supported by the FORGE grant will be the creation of an angel network to encourage alumni, parents, friends and others engaged with the university to invest in KU-affiliated opportunities. According to a University of Michigan study, the Midwest and Great Lakes regions account for only 7% of all venture capital deals. The membership-based angel network allows KU startups to regularly present their plans to prospective investors, improving their access to capital. The goal is to host an initial launch event in 2024 with 25 to 35 investors and four to five angel investment-ready companies.

 

“The angel network will engage the extensive alumni community and provide opportunities to invest during the critical early stage for KU-affiliated startups,” Courtney said. “This will accelerate innovation and bring vital capital into the community, strengthening the entrepreneurial ecosystem.”

 

The administration of the initiatives is through the KU Office of Economic Development and is spread across several departments and university affiliates. KU Innovation Park will lead the development and implementation of the international launchpad, SBIR/STTR boot camp and angel investor network. The KU Center for Technology Commercialization will spearhead the Rock Chalk Ready and Rock Chalk Raise Funds. KU Analytics, Institutional Research & Effectiveness will develop the chatbot, and KU Marketing will create a web portal that both internal and external stakeholders may leverage to more efficiently identify resources and expertise.

 

Taken together, each element of FORGE activities creates a holistic, streamlined ecosystem that supports a growth trajectory for technology and startups. For example, a proposal supported by the Rock Chalk Ready or Raise Fund may go on to win an SBIR grant after completing the SBIR/STTR Bootcamp. That new startup may then present its more realized business plan to the angel network and external venture capital opportunities needed to begin selling products. Startups may not follow this path exactly — the featured resources combine to provide a road map with opportunities to “hop on or off,” depending on technology or startup maturity. Additionally, for companies that may be interested in licensing or further developing technology, the Jayhawk Chatbot will provide rapid visibility into existing KU technologies.

 

“The FORGE grant through the Kansas Department of Commerce enables KU to develop tools, processes and new resources that will help to drive economic growth for both existing companies as well as new startups,” Bergman said.

 

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Follow @KUnews for KU News Service stories, discoveries and experts.

 

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Contact: Savannah Rattanavong, Office of the Provost, 785-864-6402, [email protected], @KUProvost

Campanile area upgrades improve access, aesthetic and functionality

 

LAWRENCE — As the fall semester begins, a refreshed vision of the Campanile area is starting to take shape.

 

Construction crews over the summer have replaced aging pavement in the plaza area and surrounding sidewalks and stairways. Stone repairs and upgrades to the electric panel and service entry will begin in the fall, as well as new landscaping efforts.

 

The repaved walkways have improved ADA accessibility around the Campanile, and added lights to the north will increase nighttime visibility in the area.

 

Alli Gerth, landscape architect and project manager, said the team has worked with KU Endowment to preserve the legacy of the 74-year-old World War II memorial during the project.

 

“We wanted to make sure that it’s honoring the memorial and honoring the original intent of the Campanile while also upgrading it to modern needs,” she said.

 

Monte Soukup, KU Endowment’s senior vice president of property, initially brought the project to KU Facilities Planning & Development to honor Dale Seuferling’s retirement as president of KU Endowment.

 

“When Dale announced his retirement, we knew people would want to honor his many years of service in a way that was meaningful to him,” Soukup said. “The project to improve landscaping around the Campanile fit this bill perfectly.

 

“It involves beautifying campus and creating a space that is accessible to all — something that mirrors what we do at KU Endowment, which includes, among other things, providing beautiful facilities and scholarships that make higher education accessible.”

 

One of the major visual changes to the area includes an ADA-compliant plaza seating wall north of the Campanile. With the seating facing in toward the tower, Gerth said it can serve as an ideal backdrop for campus photos, and trimmed shrubbery and trees will also offer a better view overlooking the stadium. The seat wall incorporates the dedication plaques from previously donated benches, which were aging and needed to be replaced.

 

“We tried to keep multiple uses in mind when designing this project,” Gerth said. “It’s an area that you can use during any day of the year as just a nice, contemplative space on quieter days, but during ceremonies and activities it also remains an icon and photo opportunity while still honoring the memorial.”

 

Once the weather cools, the landscaping crew will encircle the tower with low-maintenance native plantings. To incorporate year-round color, workers will also add cherry trees on the south side of the tower for spring blooms and Shumard oaks to the north along the sidewalks to the stadium for vibrant hues of orange and red in the fall.

 

With the changes underway and the remaining work to soon follow, Mark Reiske, director of Facilities Planning & Development, said he hopes the KU community will take advantage of the renovated space.

 

“It will be in the memories of those who will pass through it for years to come. The space will be many things to many people, but most importantly, it will be there for all that want to enjoy it,” he said.

 

Public access to the Campanile is limited during the construction period.

 

The project is funded through gifts made in Seuferling’s honor and the university’s Education Building Funds.

 

The last major renovation of the Campanile and grounds was completed in 1996. Constructed in 1950 and standing 120 feet tall, the Campanile honors 277 KU alumni, students, faculty and staff who died in World War II. The carillon has 53 bells, which chime on the quarter hour and hour. Since the Class of 1950, KU graduates have participated in the tradition of walking through the bell tower and down the Hill at commencement.

 

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Don’t miss new episodes of “When Experts Attack!,”

a KU News Service podcast hosted by Kansas Public Radio.

 

https://kansaspublicradio.org/podcast/when-experts-attack

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Contact: Heather Anderson, College of Liberal Arts & Sciences, 785-864-3667, [email protected]

KU faculty honored with 2024 College Awards

 

LAWRENCE — Faculty contributions in research, teaching and mentoring were recognized this spring with a series of awards from the College of Liberal Arts & Sciences at the University of Kansas. The prizes acknowledge outstanding professors for commitment to advising and teaching to undergraduate and graduate students, as well as innovation in research.

 

Byron A. Alexander Graduate Mentor Award

The Byron A. Alexander Graduate Mentor Award has been given to faculty in the College since 1993. Winners have helped graduate students make the most of their experience and opportunities at KU. Recipients receive an $850-$1,500 prize.

 

Beth Bailey, Foundation Distinguished Professor of History, director of the Center for Military, War, and Society Studies.

John C. Wright Graduate Mentor Award

The John C. Wright Graduate Mentor Award has been given to faculty in the College since 2002. Winners have helped graduate students make the most of their experience and opportunities at KU. Recipients receive an $850-$1,500 prize.

 

Ward Lyles, associate professor of public affairs & administration, urban planning program.

J. Michael Young Academic Advisor Award

The J. Michael Young Academic Advisor Award honors exceptional commitment to undergraduate advising. Students nominate the professors for enhancing their experience at KU through the advising relationship. The honor comes with a $1,000 award.

 

Shahnaz Parsaeian, associate professor of economics.
J.D. Smith, senior academic adviser.

Grant K. Goodman Undergraduate Mentor Award

The Grant K. Goodman Undergraduate Mentor Award recognizes faculty who are selfless with their time and experience and continue to have lasting mentoring relationships with students long after they leave the classroom. Winners receive a $1,500 award.

 

Mark Landau, professor of psychology.

Funds for the awards are managed by KU Endowment, the independent nonprofit foundation serving as the official fundraising and fund-management organization for KU. Founded in 1891, KU Endowment was the first foundation of its kind at a U.S. public university.

 

The College is the heart of KU, educating the most students, producing the most research and collaborating with nearly every entity at KU. The College is home to more than 50 departments, programs and centers, as well as the School of the Arts and School of Public Affairs & Administration.

 

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KU News Service

1450 Jayhawk Blvd.

Lawrence KS 66045

[email protected]

http://www.news.ku.edu

 

Erinn Barcomb-Peterson, director of news and media relations, [email protected]

 

Today’s News is a free service from the Office of Public Affairs

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