Driving Innovation Forward, November 2013

When Vanderbilt redoubled its efforts to commercialize homegrown innovations for societal and institutional benefit, we did not expect to see the benefits so quickly. In just three years time, our technology commercialization efforts have more than quadrupled, from $5.5 million total revenue in 2010 to more than $24.5 million in FY13. While we certainly pause to celebrate a strong year, we also realize that it will be difficult to approach this level of financial success every year.