Technologies created at universities face a funding gap after government research grants run out and before investors step in, if they step in. Nancy Sullivan is working to bridge that “valley of death” with several proof of concept funding programs that she hopes will improve faculty and student inventors’ chances of bringing their ideas to market. Sullivan, CEO and senior managing director of IllinoisVentures, the University of Illinois’ startup investment arm, explains the programs and how failed investments led to these efforts.
Image: Nancy Sullivan is CEO and managing director of IllinoisVentures. (University of Illinois photo)
