Shape the future of research institutions, high-tech companies, early state investors, and government agencies by

[accelerating interaction and innovation exchange
[advising groups on leading tactics in technology commercialization, tech/startup investing, and open innovation

Contact Us

HDQ: Minneapolis/St.Paul, MN

Phone: 888.611.3314



  • COvergence UVA


    COvergence is an annual summit to convene university gap fund and accelerator programs with industry and investors to share best practices and tactics, to discuss collaboration and investment opportunities. View/Return to full event overview

    Please register by selecting the correct registrant type from the dropdown: Event Only:
    • Community of Action Member Registrant: One complimentary Meeting Registration
    • University Registrant: $199
    • Corporate or Investor Registrant: $349
    Event + Tour (Add $50)
    • Registration to Full Event
    • Registration to Day 2 Outing (Winery Tour OR Tour of Monticello)
    At checkout, you will have the option to pay using a purchasing card or by check via invoice. One registration is received, we will contact you to get participant details. Service providers please contact for limited sponsorship options
  • Crowdfunding is an emerging investment vehicle that may be better positioned to support the capital requirements of translational research, proof of concept projects, and early-stage start-ups than more traditional capital sources, like venture capital and angel investment.This report gathers the perspectives, insights, and attitudes from 45 universities as they relate to the adoption and evolution of university crowdfunding on their campuses.

  • This 90-minute discussion with the State Panel will introduce you to government-supported authorities that directly invest in university technology. These leaders have demonstrated that these “gap” investment partnerships have lead mutual impact in economic development and additional attraction of public and private dollars. Together, state authorities and universities form a powerful innovation mechanism that can assist in identifying and transitioning early stage technology into the marketplace.Fund Models: Maryland TEDCO, Michigan MIIE, Oklahoma i2E

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  • This 90-minute, interactive discussion with the Venture Panel will introduce you to four, university-focused venture firms with a history of active investment into the “gap”. These leaders discuss their investments, insights related to partnering with universities and other technology authorities, and how to structure your programs to attract outside investment. The event is prefaced with analysis from the recently released Mind the Gap 2012 report, an ongoing study of best practices in global gap funding programs. Fund Models: Blackstone Entrepreneurs Network, illinoisVentures, Osage University Partners, Partners Innovation Fund

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  • This 90-minute discussion with the Insights Panel will introduce you to three, experienced and tested gap funding and support programs. The leaders discuss their unique gap programs and experiences, and then open it up to questions from universities of all sizes and international locations. The event is prefaced with information from Mind the Gap, an ongoing study of best practices in global gap funding programs. You will walk away from this experience with a set of best practices to move forward in your own program development.Fund Models: CalTech, U of Colorado, U of Maryland Mtech

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  • This 90-minute discussion highlights three, unique gap fund support programs that incorporate students, faculty, and external advisory groups (corporate, investment, technical) along side the capital. This is a leading practice in driving innovation at top universities.

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  • This 90-minute discussion provides a detailed walkthrough of the process of managing a gap fund. From fund promotion, to evaluation of projects, to incorporate of advisory boards, to administering the funds, this workshop has it all. In addition, a university-affiliated venture fund discusses top value development investments and optimizing partnerships.

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  • This 90- minute discussion covers the process of raising gap funds through university funds or external partnership, and managing a plan for sustainability. Each discussion leader has had experience in raising multiple funds from different sources, and will share their insights and experiences.

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  • Gap Funding Web Summit

    The Mind the Gap Web Summit is a practitioner-driven series for those interested in university-affiliated proof of concept and startup gap funding. Through interactive web-based exchanges and associated tools, we are offering this resource for new/tenured fund managers and stakeholders. Participants can freely use both the recorded events and associated presentations within their own organization to communicate the importance and to develop the capabilities to effectively manage and evolve their gap funding program. This format was chosen to deliver a cost-effective option to include deeper discussion and expanded perspectives from leading experts and practitioners backed by over a decade of experience with over 200 funds. The six sessions, described below, will be delivered through access to recorded sessions and downloadable presentations. Web Event Line-up

    From our analysis of over 50 University-affiliated Proof of Concept programs, we have observed their strength in moving technology to a point of commercialization, while acting as an effective means to leverage and attract outside capital and expertise.

    Proof of Concept (POC) gap funds evaluate commercial potential, demonstrate the value, and generally de-risk (or perception of risk) the project to commercial partners or investors. Achievements like prototypes and commercial assessment help to identify and secure a route to commercialization, if one exists. POC funds also identify weakness in the technology for further development, or help avoid costs by deciding not pursue the technology These funds are often administered centrally through the technology transfer office, research foundation, central research administration, or the equivalent at the college-level. Externally-partnered public funds, accelerators, and corporate funds run independently or in close collaboration with the research institution. In this session, we will hear from leading fund managers regarding their strategies for:
    • Raising and sustaining POC funds
    • Communicating the fund and sourcing projects
    • Working with faculty/student inventors throughout the process
    • Evaluating projects for funding
    • External collaboration with industry, entrepreneurs, and investors as funding sources and advisory support
    • Oversight and management of funded projects
    David Allen Vice President, Tech Launch Arizona/POC Fund University of Arizona
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    Seth Crossno Commmercialization Program Manager, Chancellor's Innovation Fund North Carolina State University
    Martina Pace Manager, Tech Transfer Office/TAKEOFF Fund University of Malta
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    Jacob Johnson Founder, innovosource
    Author, Mind the Gap
    Startup Formation gap funds assist in the formational steps of spin-outs — even prior to becoming a legal entity. This gap fund type could be seen as a startup-focused extension of proof of concept funding that further develops the business application of the technology through market research, product development, business development, management, space, and equipment to attract third party interest and capital These funds are primarily administered by the technology transfer office and associated venture centers. External public-private arrangements to support business creation are administered by sponsoring agency or through close collaboration with the research institution   Startup Growth gap funds invest in scaling and growing established spin-outs. Research institutions have created, spun out, or partnered with seed funds and accelerators, both public and private, to fill this void in early stage startup capital and to directly invest in their own startups. Some institutions are even beginning to invest in non-institution startups. Centrally managed Startup Growth gap funds are limited based on the required capital. To overcome this challenge and mitigate risk, research institutions may partner with existing early stage venture firms or corporate investor groups In this session, we will hear from leading fund managers regarding their strategies for:
    • Raising and sustaining startup funds
    • Communicating the fund and sourcing startups
    • Working with faculty/student inventors throughout the process
    • Evaluating startups for funding
    • External collaboration with industry, entrepreneurs, and investors as funding sources and advisory support
    • Oversight and management of funded startups
    Bob Creeden Managing Director, Seed Fund University of Virginia
    Jason Pariso 2
    Jason Pariso Director, Innovation Fund University of Chicago

    Donations, endowments, and direct investments from alumni, private foundations, and other stakeholders of the research institution into supporting gap funding programs, is the largest and growing source of proof of concept and startup funding programs. These friends of the university contribute over 50¢ on every dollar into the formation of these funds.

    Proof of concept and startup gap funding programs embody the intersection between research institution innovation, societal benefit, and philanthropy. They offer a natural link to engage alumni, foundations, corporations, and friends of the universities.

    These funds and programs require coordination between the Tech Commercialization Offices, Corporate & Foundation Relations , Development Offices, and Alumni Offices and are a great example of the emerging trend of campus-wide collaboration in innovation partnership and commercialization priorities.

    Join us as we take a multi-perspective approach to how groups are best structuring their programs for philanthropic partnerships as a major source for innovation funding and support.

    Case Cortese (Alumni) Director, Innovation, New Ventures & Entrepreneurship California Institute of Technology
    Elias Caro (Foundation)
    VP Technology Development, Wallace H. Coulter Foundation
    Erica Smith (Foundation) Director, Research Awards Wallace H. Coulter Foundation
    Jacob Johnson (Crowdfunding) Founder innovosource
    Over 30 states in the US and countless established and emerging innovation economies across the globe are actively supporting these funding programs. In our most recent survey, over 30% of all gap funding support came from these agencies and initiatives. State, regional, and federal governments are a growing source of funding for translational research, proof of concept, and startup funding often in collaboration and support of opportunities stemming from research institutions. These initiatives are motivated by the promise of economic development, and business and talent development/attraction/retention. Join us to take a look into these programs and here from both university-public gap funding partnerships to learn how to develop and expand on these collaborations Experts:
    Nancy Vorona VP, Research Investment Center for Innovative Technology (Virginia)
    Marco Rubin Senior Investment Director Center for Innovative Technology (Virginia)
    Denise Graves University Relations Director Michigan Economic Development Corporation
    Matt McCooe CEO Connecticut Innovations
    While just a small percentage of the total venture, corporate, angel activity, the role that early stage investors has and should play in the early development of research institution technologies and  startups should not be discounted. More than the capital itself, these investors and partners bring a wealth of market knowledge and networks of management talent and business connections. Research institutions can take advantage of this resource by strategically integrating investors and corporations into their operation, especially in evaluatory and advisory functions. In this session, we will discuss how active relationship-building between research institutions and the investment and corporate community supports operations, orders startup priorities, and strategically directs limited development capital in the near-term, while setting up the possibility for later investment and commercial partnership.
    Gap funding programs have a much broader impact than financial return alone, and are more appropriately assessed on their ability to improve the innovation capability and landscape surrounding research institutions and affiliated stakeholders. In fact, most of their immediate and near-term returns are better represented in their ability to catalyze the commercialization process, to build support communities that can assist in the development of funded projects, and to convert those projects into commercial entities that create jobs and enrich local and regional economies; but, perhaps the most exciting observation is that gap funding programs are playing a direct role in attracting outside capital and expertise. In this session, we will suggest a structure for measuring gap funding impact, both financial and programmatic, that gap fund programs and managers can use to better demonstrate the impact of their program. These measures align gap funding practices with the mission of the research university, and other public and private sources of early stage capital, while demonstrating how the practice supports innovation and commercialization on a larger scale, including:
    • Catalyzing the Commercialization Process
    • Growing a Community of Innovation
    • Building Businesses and Creating Jobs
    • Attracting Capital and Expertise
    • Returning Capital to the Gap Funding Program
    *After selecting desired option, registration can be processed  by invoice or direct purchasing card payment
  • Processing Notes:
    • Payment can be made directly with credit card or through an invoice to your organization. Specify at checkout.
    • We will send you access to your report within 24 hrs of purchase
    • Service providers or content distributors, please contact us directly for special pricing options

    Please select preferred report option (Report Only/Fund Manager Package):

  • The Mind the Gap Report is a first-of-its-kind, all-in-one program development guide for current and aspiring gap fund managers that investigates 119 active translational research, proof of concept, startup and venture gap funds and accelerator programs at 75 universities and affiliated organizations. The Report includes 170 pages and 50+ charts and figures that covers all facets of gap funding.

    Click here to view/download the full report overview and sample

    *Payment can be made directly with credit card or through an invoice to your organization. Specify at checkout. **Service providers or content distributors, please contact us directly for special pricing options
  • Mind the Gap Community of Action Annual Membership

    Annual  memberships can be processed by selecting the appropriate member level in the drop down below At checkout, annual membership fee can be processed via purchasing card or as a check via an invoice to your institution. Thank you again for your leadership and support!