Universities Put Cash Towards Helping HomeGrown Tech Startups Along

Image Photo Courtesy Flickr/401(K) 2012
Universities play an important role in advancing the technology ecosystem, semantic technology included. Look for starters at work done at The Tetherless World Constellation at Rensselaer Polytechnic Institute, Wright State University’s Kno.e.sis Ohio Center of Excellence in Knowledge-enabled Computing, MIT, and the Digital Enterprise Research Institute located at the National University of Ireland, Galway.
In addition to driving technology ever forward, institutions like these and others also provide a home for incubating good ideas that could become good businesses. Music discovery service Seevl and the enterprise-focused SindiceTech are two examples of semantic spin-outs from DERI, for instance, while MIT Media Lab gave birth to commercial properties with semantic underpinnings including music intelligence platform The Echo Nest. The Kno.e.sis Center points work it’s doing in the commercial direction, too: Its LinkedIn profile description notes that its “work is predominantly multidisciplinary, and multi-institutional, often involving industry collaborations and significant systems developing, with an eye towards real-world impact, technology licensing, and commercialization.”
Given the projects with commercial prospects underway within their own houses, it would seem there’s opportunity for universities themselves to look for even more ways to contribute to that success. And that’s just what the University of Minnesota is doing: This week it said that it’s launching a $20 million seed fund over a ten-year timeframe to support the innovative ideas to which its campus plays host.



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But the collection of neuroscientists, computer scientists, astrophysicists, and creative artists behind 
“In particular, a lot of the strengths of Knowledge Explorer have to do with modeling data as RDF and then testing queries, visualizing and browsing the data to see that you have the ontologies and data mappings you need for your integration and application requirements.” says Robert Stanley, IO Informatics president and CEO. The Personal version is aimed at academic experts focused on data integration and semantic data modeling, as well as personal power users in life sciences and other data-intensive industries, or anyone who wants to learn the tool in anticipation of leveraging their enterprise data sets for collaboration and integration projects.
MIT has created a computer chip
[Editor's Note: This week, Juan Sequeda is reporting in from the International Semantic Web Conference in Bonn, Germany. See his other reports here:
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