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University of South Carolina Taking a leading role in Economic Development

USC businessLINK offers streamlined access to faculty, facilities, and support services for manufacturers, start-ups, small businesses, and more. Benefit from business counseling, technology solutions, and intellectual property support. Join us to enhance competitiveness and drive economic growth.

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University of South Carolina Taking a leading role in Economic Development

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  1. University of South Carolina Taking a leading role in Economic Development

  2. USC businessLINK was createdin October 2003 from five existing resources:

  3. USC businessLINK brings together: CMAT Intellectual Property USC Faculty Industrial Agreements Incubator Small Business Development Center

  4. What’s the benefit to you? USC businessLINK streamlines your access to faculty, staff, facilities and support services! • One call • One click • No delays • No hassles • No red tape

  5. USC businessLINK designed to support: • Small to medium manufacturers (CMAT) • Technology start-up companies (USC Columbia Technology Incubator) • Entrepreneurial/ Small business community (USC SBDC) • R&D Outsourcing (Industrial Agreements Unit) • Technology acquisition (Intellectual Property Office)

  6. Centerfor Manufacturing and Technology • Provides valuable technological, workplace, business and training solutions to smaller South Carolina manufacturers • Utilizes USC facilities and the expertise of USC faculty, students, and staff at a cost savings to the these clients • Expands clients’ operational effectiveness, and helps them gain higher levels of competitiveness

  7. Industrial Agreements Unit • Supports industrially sponsored programs and research with dedicated staff to negotiate: • Research Agreements • Master/Umbrella Agreements • SBIR/STTR Agreements • Intellectual Property Allocation Agreements • Material Transfer Agreements • Non-Disclosure Agreements • Clinical Trial Agreements • Teaming Agreements

  8. USC Columbia Technology Incubator • Home to student and non-student companies, and “Landing Parties” (established companies relocating to South Carolina or opening office in Columbia) • Requires a close working relationship with USC or Midlands Technical College • Provides opportunity for USC faculty, staff, and students to commercialize their ideas

  9. USC Small Business Development Center • Provides generally fee-free business counseling: to existing business owners to those wishing to start a business • One-on-one consultation • Special interest seminars • Information referral services • Supported with federal, state, and private funds

  10. Intellectual Property Office • Supports USC’s intellectual property portfolio with: • Technology Assessments • Commercialization Planning/Implementation • Intellectual Property Protection and Management • Intellectual Assets and Resources Marketing • Invention Disclosure Management • License Negotiation & Management

  11. USC businessLINK is the right resource for today’s business environment • Trends - More companies outsourcing R&D • Expertise - Faculty possess specialized skills/talents • Workforce - Growth firms need trained workers • EquipmentNeeds - Companies do not want to buy expensive, rarely used instrumentation • Culture - Companies want to locate in areas with strong culture cultural environment.

  12. USC businessLINK supports South Carolina Competitiveness Initiative • Harvard Professor Michael Porter's study on South Carolina's competitive posture calls for increased support for start-ups and local firms, creation of new institutions focused on upgrading the local business environment, and more investments in research. • USC businessLINK supports all of these initiatives

  13. How are we doing that? • Marketing USC’s vast resources to the business and economic development communities • Streamlining the business and economic development connection to those USC resources • Increasing USC’s public-private partnerships

  14. What have we done so far? • Worked with almost 5,000 clients • Helped create or save more than 5,400 jobs • Supported business investments statewide totaling Over $207.4 million • Received over $32.6 million in industrial sponsored research revenue and almost $1.3 million in royalties

  15. What are we going to do going forward? • Strengthen public attitudes about USC’s support for area business community and economic development efforts • Provide research, development and support services, and resources that can produce a higher level of business competitiveness • Enhance private sector recruitment efforts

  16. You’ve got business challenges. We’ve got business solutions. • Call, Click, Connect… • Toll-free at 1-866-756-2883 • www.businesslink.com

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