University of Akron Research Foundation
- Company typePrivate
- Founded2001
- HeadquartersAkron, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
University of Akron Research Foundation firmographics
Firmographics- Name
- University of Akron Research Foundation
- Legal name
- University of Akron Research Foundation
- Website
- https://uakronuarf.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
University of Akron Research Foundation industry classification
Industry- Product category
- Technology Commercialization Services
- NAICS
- Educational Support Services (611710)
- SIC
- Patent Owners & Lessors (6794)
- akta.pro primary industry
- Technology Transfer & Innovation-Driven Research Universities (High Commercialization) (EDAHABAH)
- akta.pro secondary industries
- Corporate Accelerators & Startup Programs (FSANAHAD), Technical Universities with Entrepreneurship & Incubation Focus (EDAHAEAH)
Keywords
Where University of Akron Research Foundation is headquartered
LocationHeadquarters
- HQ city
- Akron
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
University of Akron Research Foundation business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- State of Ohio Funding: UARF receives operational and programmatic support from Ohio Third Frontier, Ohio Department of Development, and State of Ohio grants. These funds support programs like Spark Fund, which provides up to $35,000 per project for prototyping and testing. The State also funds TVSF (Technology Validation and Start-up Fund) awards of $100,000-$150,000 for technology commercialization.
- NSF I-Corps Program Funding: UARF receives NSF grants to operate its regional I-Corps site. The NSF also provides National I-Corps Teams grants of $50,000 to UA faculty teams. Additional NSF programs include the Partnerships for Innovation (PFI) program at $250,000 and SBIR support services.
- Licensing and Royalty Revenue: UARF is the official licensing arm for The University of Akron and holds more than 400 active issued, pending and provisional patents. Licensing deals range from Fortune 500 companies to early-stage startups across advanced materials, specialty polymers, electronics, medical devices, biomimicry, sensors, and enterprise software. UARF facilitates technology licensing agreements that generate royalty income.
- NEOSVF Student Venture Fund: The Northeast Ohio Student Venture Fund (NEOSVF) is a student-run fund that conducts due diligence and invests up to $25,000 per company in Northeast Ohio tech-based startups. Since 2012, NEOSVF has invested $305,000 in 13 companies, which received $7 million in follow-on funding.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Spark Fund provides up to $35,000 in prototyping and testing services |
| Subscription | Annual | I-Corps provides up to $1,000 upon completion |
| Subscription | Multi-year contract | National I-Corps Teams grant of $50,000 |
| Subscription | Multi-year contract | NSF PFI Program provides $250,000 over 18-24 months |
| Subscription | Annual | Ohio Third Frontier TVSF provides $100,000-$150,000 |
Go-to-market motion2 records
Distribution channels7 records
Marketing channels6 records
University of Akron Research Foundation product offering
Product offeringCore offering
The University of Akron Research Foundation (UARF) operates as the technology transfer and commercialization arm of The University of Akron. It delivers structured entrepreneurship programs (Starting Line pre-accelerator, I-Corps customer discovery, Advanced Customer Discovery), provides prototyping funding through the Spark Fund, runs the student-managed NEOSVF venture fund, and facilitates the licensing of more than 400 active patents covering advanced materials, polymers, medical devices, and sensors to industry partners ranging from Fortune 500 companies to early-stage startups.
Product overview
UARF offers a comprehensive suite of entrepreneurship programs designed to support researchers, creators, and problem-solvers in moving their ideas from concept to reality. The core offerings include Starting Line (pre-accelerator), I-Corps (6-week customer discovery), Advanced Customer Discovery (ACD), Spark Fund (up to $35,000 in prototyping funding), and NEOSVF (student-run investment fund up to $25,000). These programs are designed as a progression pathway: Starting Line introduces the Business Model Canvas, I-Corps provides intensive customer validation through interviews, ACD offers deeper exploration, and Spark Fund provides funding for prototyping. UARF also provides startup support services including SBIR assistance and legal support through the SEED Clinic.
Differentiator
Problem solved
Functional benefit
Products and services
- Starting Line
Quantifiable outcome
- 895+ entrepreneurial teams and 2,136 individual participants have completed UARF's I-Corps program
- +5 more outcomes
Companies that use University of Akron Research Foundation
Customer profileNamed customers17 records
Segments4 records
Ideal customer profiles5 records
University of Akron Research Foundation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
University of Akron Research Foundation partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Great Lakes Region I-Corps HubcoreThe University of Akron is an Affiliate of the Great Lakes Region I-Corps Hub, which provides resources and support for regional I-Corps programs. The hub connects institutions across Ohio including UA, University of Toledo, and Ohio State University.
- SEED Clinic at University of Akron Law SchoolcoreProvides startup legal support and advice to UARF program participants. Available to those who complete the Starting Line pre-accelerator program. Part of UARF's comprehensive startup support ecosystem.
- JumpStartminorRegional entrepreneurial support organization that UARF refers entrepreneurs to for additional funding and support services. Listed as a partner on UARF's funding opportunities page.
- Bounce Innovation HubminorAkron-based innovation hub where Fontus Blue (UARF portfolio company) moved in June 2018. UARF portfolio companies may be housed at the Bounce Innovation Hub.
- Akron Global Business AcceleratorminorBusiness accelerator in Akron where Fontus Blue and Komae (UARF portfolio companies) are housed. Part of the regional startup ecosystem that UARF connects entrepreneurs to.
- Deshpande FoundationminorAwards sponsor for UARF's I-Corps program recognition at the Deshpande Symposium. Foundation supports innovation and entrepreneurship across university environments in the U.S. and Canada.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
University of Akron Research Foundation competitors and assessment
Company assessmentDirect peers
- Purdue Research Foundation: Purdue Research Foundation is a nonprofit affiliated with Purdue University that handles technology transfer, patenting, licensing, and entrepreneurship support for Purdue researchers. It is comparable to UARF because both operate as university-affiliated tech transfer foundations running inventor support, startup incubation, and licensing programs.
- Ohio State University Technology Commercialization Office: Ohio State University's TCO manages invention disclosures, patenting, and licensing for OSU researchers and is part of the Great Lakes Region I-Corps Hub alongside UARF. It is a direct regional peer delivering the same tech transfer and commercialization services to a different Ohio university.
- Case Western Reserve University Technology Transfer Office: CWRU's Technology Transfer Office supports faculty invention disclosures, patent prosecution, and startup formation in Northeast Ohio. It is comparable because it serves a research university in the same region, competing for similar faculty inventors and licensing deals.
- University of Michigan Technology Transfer Office: U-M Tech Transfer handles patenting, licensing, and startup creation for one of the largest public research universities in the U.S. It is comparable because it operates at much greater scale but performs the same core functions UARF does for the University of Akron.
- Innovation Fund (Lorain County Community College Foundation): The Innovation Fund is Northeast Ohio's most active early-stage technology fund, providing up to $100K to startups, including UARF graduates. It is comparable because it is a core regional funding partner that UARF graduates depend on for first institutional capital.
Broad incumbents
- MIT Technology Licensing Office: MIT TLO is one of the largest and most established university tech transfer offices, generating significant licensing revenue from MIT IP. It is comparable in function (licensing, startup formation, industry partnerships) but operates at vastly greater scale and commercial maturity than UARF.
- Stanford Office of Technology Licensing: Stanford OTL manages invention disclosures, patenting, and exclusive licensing for Stanford University and has helped spawn companies like Google and Cisco. It is comparable in mission but represents the upper bound of university tech transfer scale and sophistication.
Regional players
- JumpStart Inc. JumpStart is a Northeast Ohio entrepreneur support organization that provides coaching, capital connections, and programming to early-stage startups. It is comparable because it sits alongside UARF in the regional ESP network and refers community entrepreneurs into UARF programs.
- Bounce Innovation Hub: Bounce Innovation Hub is an Akron-based incubator that houses UARF portfolio companies such as Fontus Blue. It is comparable because it provides physical incubation and coworking infrastructure that complements UARF's programming in the same local ecosystem.
Others
- NSF I-Corps Program: The NSF I-Corps national program is the originator and primary funder of the customer-discovery curriculum UARF teaches. It is comparable as the upstream program that defines UARF's core methodology, sets evaluation standards, and provides funding pathways for UARF teams.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
University of Akron Research Foundation social profiles
Digital presenceUniversity of Akron Research Foundation financial estimates
Financial estimateRevenue estimate
Valuation estimate
University of Akron Research Foundation leadership team
Management profileNumber of profiles
Profiles4 records
University of Akron Research Foundation funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
University of Akron Research Foundation M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about University of Akron Research Foundation
What does University of Akron Research Foundation do?
The University of Akron Research Foundation (UARF) operates as the technology transfer and commercialization arm of The University of Akron. It delivers structured entrepreneurship programs (Starting Line pre-accelerator, I-Corps customer discovery, Advanced Customer Discovery), provides prototyping funding through the Spark Fund, runs the student-managed NEOSVF venture fund, and facilitates the licensing of more than 400 active patents covering advanced materials, polymers, medical devices, and sensors to industry partners ranging from Fortune 500 companies to early-stage startups.
Is University of Akron Research Foundation a public or private company?
University of Akron Research Foundation is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was University of Akron Research Foundation founded?
University of Akron Research Foundation was founded in 2001. It employs 1 to 10 people.
Where is University of Akron Research Foundation based?
University of Akron Research Foundation is headquartered in Akron, United States, in the North America region.
How does University of Akron Research Foundation make money?
Four revenue lines are on record. State of Ohio Funding is the primary driver. The others are NSF I-Corps Program Funding, licensing and Royalty Revenue and NEOSVF Student Venture Fund.
Who are University of Akron Research Foundation's main competitors?
Direct peers on record are Purdue Research Foundation, Ohio State University Technology Commercialization Office, Case Western Reserve University Technology Transfer Office, University of Michigan Technology Transfer Office and Innovation Fund (Lorain County Community College Foundation). Broad incumbents are MIT Technology Licensing Office and Stanford Office of Technology Licensing. Regional players are JumpStart Inc. and Bounce Innovation Hub. NSF I-Corps Program is listed as an others.
Does University of Akron Research Foundation have an API?
No public API is recorded for University of Akron Research Foundation.
What industry is University of Akron Research Foundation in?
University of Akron Research Foundation's product category is Technology Commercialization Services. Its primary akta.pro industry code is EDAHABAH, Technology Transfer & Innovation-Driven Research Universities (High Commercialization), with a secondary code of FSANAHAD, Corporate Accelerators & Startup Programs. Its NAICS code is 611710 and its SIC code is 6794.