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UVic’s technology transfer office launched eight new spin-off companies in the 2005/06 fiscal year. The Innovation and Development Corporation’s (IDC) mandate is to move research conducted by university students, faculty and staff into the public and private sectors through partnerships, licensing of technologies and the formation of new spin-off companies.
In 2005, IDC expanded its services to Camosun College, Royal Roads University, Malaspina University-College, and North Island College. To date, with IDC’s help, these institutions have a combined total of 91 projects under way.
The new IDC companies range from developers of robotic and underwater technologies to producers of cellphone and educational software.
Cortex Mobile Media commercializes cellphone software.
Dynamic Systems Analysis (www.dsa-ltd.ca) specializes in subsea robotic controls.
FloraPure BioSciences will produce and purify proteinaceous molecules (components or molecules of plant or animal tissue) from floral nectar and honey. These molecules will have uses in medicinal and cosmetic applications. The company is currently in research and development mode.
Master Underwater Technologies Inc.
www.masterunderwatertech.com) develops innovative underwater technologies,
Sportmeter Technologies Inc. (www.puttometer.com and www.powerstriker.com) develops innovative products for the golf and karate markets. It is IDC’s first spin-off company originating from Malaspina University-College.
Tactics Design Corporation (www.fishtactics.com) develops information products for the sportfishing market.
Tremain Media Inc. (www.tremainmedia.com) makes multi-media educational materials for children. See the article on Tremain Media (above).
Zola Design (www.zoladesign.ca) creates and manufactures unique “green” lamp covers for fluorescent lighting.
As of March 2007, IDC had filed more than 270 national and international patent applications, helped incorporate more than 50 university spin-off companies and received more than 410 invention disclosures.
For more information, see the IDC website at http://web.uvic.ca/idc/.
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