News

BU’s $1K Terrier Competition Winner, Campus Protein, Wins Another $100K to Support Their Growth

May 7, 2012

They were lifting in the gym every day, but were still on the hunt for supplements that would make them “get big and look lean.” After finding a combination that worked, they headed to their local vitamin store, realizing the magic antidote would cost them $145 — and that was for just a one-month supply. Tired of breaking the bank and getting ripped off, they started looking for ways to save themselves money…Read the rest of this entry>>

ITEC’s $50K Director, Beth Goldstein, provides advice to small business owners on MSNBC’s Your Business

April 17, 2012

Watch Beth Goldstein, founder of “Marketing Edge Group” and author of the book “Lucky By Design–Navigating Your Path to Success” answer viewer questions about finding a distributor and how to increase repeat customers.

KontrolTV Wins ITEC’s 12th Annual $50K New Venture Competition

April 5, 2012

Congratulations to Daniel Gnecco, SMG ’12 whose company, KontrolTV, won first place in this year’s 12th annual $50K New Venture Competition.  KontrolTV’s mission is to design an application that would make it possible to use a mobile phone like a television remote control, allowing the user to find and launch TV listings…Read the rest of this entry>>

Massachusetts Clean Energy Internship Program

March 6th, 2012

The Massachusetts Clean Energy Internship Opportunity is a workforce development initiative offered through the Massachusetts Clean Energy Center (MassCEC) and New England Clean Energy Council (NECEC) focused on enhancing the talent pipeline for Massachusetts companies engaged in the clean energy industry…Read the rest of this entry>>

ITEC Delivers Branding Workshop as Part of Its ‘Green Bag’ Lunch Series with ACTION

February 27th, 2012

As part of ITEC’s ongoing commitment to accelerate growth and success for early-stage cleantech businesses, on February 8 a workshop was presented to a packed audience of entrepreneurs at The Advanced Technology & Manufacturing Center (ATMC) of the University of Massachusetts Dartmouth. Beth Goldstein from ITEC delivered a presentation entitled: “Establish Your Brand as an Asset that Supports Growth” as part of ATMC’s Entrepreneurship Speaker Series…Read the rest of this entry>>

Paul McManus joins the Pardee Center as new Faculty Fellow

February 2nd, 2012

Paul McManus is an Executive-in-Residence at the School of Management at Boston University. He is also Executive Director of the Sustainable Neighborhood Lab(SNL), a unique living laboratory engaging academics, industry, government and citizens as partners in ground breaking cross-disciplinary research and programs in urban innovation…Read the rest of this entry>>

ITEC Partners with The Association Of Cleantech Incubators Of New England (ACTION) To Support Clean Technology Ventures

January 11th, 2012

With the goal of accelerating the growth and success for early-stage cleantech businesses, the Association of Cleantech Incubators of New England (ACTION) has partnered with The Institute for Technology Entrepreneurship & Commercialization (ITEC) at Boston University to develop and deliver educational programs relevant to start-ups…Read the rest of this entry>>

Beth Goldstein of ITEC Writes a New Book About the Role of Luck in Entrepreneurship

January 9th, 2012

When it comes to business, consultant Beth Goldstein doesn’t believe in luck.

Certainly things happen that are out of your control, but you are more likely to be in a position to take advantage of them if you’re doing the right things…Read the rest of this entry>>

Hugh O’Donnell: Teaching How Art and Entrepreneurship Collide at Boston University

December 21st, 2011

Artist Hugh O’Donnell grew up in England during the Beatles era and watched the pop bands the Fab Four spawned. At Boston University’s “Students Startup America” event, he said what The Beatles, and those following them, did was something quite simple: they put together four people with different skill sets who could play together…Read the rest of this entry>>

“Students Startup America” With Lessons On What It Takes To Be a Successful Entrepreneur

December 21st, 2011

Hugh O’Donnell, an internationally recognized artist and a professor of painting at Boston University’s College of Fine Arts, began his talk at TEDxBU by quoting French poet and critic Charles Baudelaire, saying, “There exist only three respectable beings: the priest, the warrior, the poet. To know, to kill and to create”…Read the rest of this entry>>

Boston University Graduate Encourages People to “Stop Playing and Start Partying” with ClubView

December 21st, 2011

A new Boston-based cross-platform nightlife application will be debuting next month. It’s called ClubView, and was created by Boston University graduate Harrison Macris to connect people at different downtown clubs, bars, restaurants and lounges…Read the rest of this entry>>

BU Spinout Bytelight is Helping Move Mapping Technology Indoors

November 28th, 2011

We’ve all had the experience of trying to find a particular product in a big box store apparently devoid of employees, or roaming the aisles of a vast convention center searching for a booth. While GPS displays in our cars or mapping apps on our phones can guide us to the parking lot, once you step inside, you’re in terra incognita…Read the rest of this entry>>

BU Norwegian Entrepreneurship Program Graduate, Halvor Gregusson, Takes Top Prize in Startup Competition

November 14th, 2011

Gregusson’s company, Yast, took the top prize in the Fast Pitch competition at Under the Radar, a conference held in Microsoft’s Silicon Valley headquarters. The competition, co-sponsored by VentureBeat, gave eight startups (selected from a field of more than 100 applicants) just two minutes to make their case before a panel of four judges. The judges then had two minutes to give their feedback. Gregusson’s pitch won the near-unanimous approval of the panel…Read the rest of this entry>>

ByteLight Awarded Funded Services through U-Launch Program

October 11th, 2011

BOSTON, MA – October 4, 2011: ByteLight has been selected for funded services through U-Launch, a US Department of Energy-funded grant-based award program that provides funded services to promising clean energy start-ups. These grant awards were offered as part of the Cleantech Open Northeast business competition…Read the rest of this entry>>

Sustainable Neighborhood Lab participants accelerate finding a solution to your parking nightmare

August 31st, 2011

Imagine entering your office address and a price range into a GPS or mobile device just before your morning commute, and getting directions to the appropriately priced parking spot closest to your office, reserved just for you…Read the rest of this entry>>

Socially Responsible Licensing Conference

July 26th, 2011

ITEC Senior Research Associate Dr. Ashley Stevens is working with Boston University’s British partner, the University of Warwick, to present a conference on “Socially Responsible Licensing:  Achieving Social Equity through Voluntary Licensing” addressing the issue of how innovation can be brought to the developing world within the framework of the existing world intellectual property regime in healthcare, agriculture and cleantech.  This has been a central theme of Dr. Stevens’ research and writings in recent years…Read the rest of this entry>>

BU’s ByteLight team selected for Highland Capital Summer Entrepreneurship Program

May 2nd, 2011

The BU ByteLight team of Aaron Ganick, Daniel Ryan, Travis Rich, Schuyler Eldridge & Simon Zhang were selected from a large group of applicants to participate in the Summer@Highland 2011 program! ByteLight was one of the semifinalists in BU’s $50K New Venture Competition, showing great promise for their creation of intelligent, energy efficient lighting and networking solutions. Based out of Boston University’s Photonics Center, and with the support of the Smart Lighting Engineering Research Center, ByteLight has developed an optical communications system embedded within LED lighting…Read the rest of this entry>>

Fraunhofer announces Opportunities to Accelerate New Venture Creation for University Cleantech: Apply Now!

April 25th, 2011

U-Launch helps cleantech companies spinning out of university environments reach the next stage of development with tailored start-up assistance grants. U-Launch Awards are designed to support post-university commercialization of early stage cleantech. These awards consist of cash and funded services by the DOE Innovation Ecosystem Development Initiative…Read the rest of this entry>>

The New Reality in Entrepreneurship: Takeaways from BU’s Technology Entrepreneurship Night

April 19th, 2011

Last night on Friday, April 15th students, faculty and members of the business community gathered at the Boston University School of Management. The event: The 9th annual Technology Entrepreneurship Night (TEN) to discuss the intricate connections between business and engineering. BU’s Student Association of Graduate Engineers (SAGE) and Institute for Technology Entrepreneurship and Commercialization (ITEC), in addition to outside venture capitalist firms, sponsored TEN…Read the rest of this entry>>

2011 ITEC $50K New Venture Competition Winners!

April 7th, 2011

ITEC’s three winners in our 11th Annual $50K New Venture Competition are…Read the rest of this entry>>

Boston-area colleges expand cleantech entrepreneurship programs

March 31st, 2011

Ramesh Kumar is trying to decide between two ideas for his big class project at Boston University. Should he focus on one of the big problems with electric vehicles, or with home energy efficiency products?…Read the rest of this entry>>

Undergrad Faculty Mentors, Invaluable Bonds, & Entrepreneurial Success

March 25th, 2011

It’s no secret that Boston University offers a robust array of resources to budding entrepreneurs — providing an especially unique opportunity for undergraduate innovators who, at BU School of Management, are immersed in business education from day one.  Young entrepreneurs find support through the University’s Institute for Technology Entrepreneurship & Commercialization (ITEC) and the School of Management’s award-winning undergraduate Cross-Functional Core*, a combination of courses focused on entrepreneurship and product development…Read the rest of this entry>>

ITEC Announces $50K New Venture Competition Finalists

February 15th, 2011

Four Teams Selected to Advance to Final Round…Read the rest of this entry>>

ITEC’s Ashley Stevens Featured in The New England Journal of Medicine

February 11th, 2011

ITEC’s Ashley Stevens Featured in The New England Journal of Medicine for his article “The Role of Public-Sector Research in the Discovery of Drugs and Vaccines”…Read the rest of this entry>>

Entrepreneurship at Boston University: 4 Organizations to Know

January 26th, 2011

Are you a student looking to get a jump-start into Boston’s tech and entrepreneurial scene? Don’t let schoolwork get you down—Boston University’s Institute for Technology Entrepreneurship and Commercialization (ITEC) offers graduate and undergraduate students many opportunities to combine the daily drudgeries of classes with hand-on learning projects that aim to put students ahead of their job competition…Read the rest of this entry>>

ITEC Announces $50K New Venture Competition Semi-finalists

January 10th, 2011

ITEC is pleased to announce the selection of 15 semi-finalists for the $50K New Venture Competition. This select group of business teams represents individuals from a variety of schools at the university, including the School of Management, the College of Engineering, and the School of Public Health, and encompasses both grad students as well as undergraduates. Their new venture concepts range from technology and energy companies to social enterprises…Read the rest of this entry>>

Boston University International Incubator Program Receives International Honor

November 29th, 2010

Boston – The National Business Incubation Association has again awarded the NBIA Soft Landings International Incubator designation to the Boston University International Incubator Program. This was the BU International Incubator Program’s first renewal of the designation they first received in 2008…Read the rest of this entry>>

Attention Faculty: BU Ignition Awards Call for Proposals

September 22nd, 2010

The Ignition Award Program awards funds to Boston University faculty to bridge the gap between government-funded, discovery-oriented research and the follow-on development work performed by external commercial or non-profit entities. By enabling researchers to generate relevant data, reach key milestones, develop a prototype, or test an implementation strategy the Ignition Awards will help bring raw technology and business concepts to a mature enough state where they can be either licensed, form the basis of a new company, or create a new, non-profit social enterprise…Read the rest of this entry>>

DOE Awards $5.3 Million to Support the Development of University-Based Technology Commercialization

September 15th, 2010

Washington, DC – U.S. Department of Energy Secretary Steven Chu announced today the selection of five projects to build and strengthen “innovation ecosystems” that will accelerate the movement of cutting-edge energy efficiency and renewable energy technologies from university laboratories into the market. This is the first time the Department is funding this type of university-based commercialization effort…Read the rest of this entry>>

BU’s Institute for Technology Entrepreneurship and Commercialization Names New Managing Director

July 20th, 2010

Boston University’s Institute for Technology Entrepreneurship and Commercialization (ITEC) today announced the appointment of Paul McManus as Managing Director. McManus was previously Director of International Programs for the Institute…Read the rest of this entry>>

Vinit Nijhawan Gives WSJ $19 Billion Reasons “Why US Entrepreneurs Should Compete On Price”

June 8th, 2010

When Boston University School of Management’s Vinit Nijhawan, executive-in-residence at the Institute for Technology Entrepreneurship & Commercialization (ITEC), posted a Tweet in April about US entrepreneurship, the Wall Street Journalwanted to hear more…Read the rest of this entry>>

ITEC Announces Finalists for 10th Annual $50K Business Plan Competition

March 3rd, 2010

Boston University School of Management’s Institute for Technology Entrepreneurship and Commercialization (ITEC)  is thrilled to announce the team finalists for the 10th Annual $50K Business Plan Competition…Read the rest of this entry>>

Clean Energy Heats Up at Boston University: New Lectures and Research

February 25th, 2010

BU School of Management (SMG) faculty and their colleagues across the University are energizing the debate over how best to accelerate the development and adoption of sustainable clean energy solutions, through new research, conferences, and lectures…Read the rest of this entry>>

Professor Paul McManus Blogs from, and Post, Copenhagen Climate Summit

February 21st, 2010

Clean energy expert Paul McManus, executive-in-residence and lecturer at the School of Management at Boston University, joined the 2009 Copenhagen Climate Conference, blogging from, and then beyond, the event.  McManus is director of International Programs for the Institute for Technology Entrepreneurship & Commercialization (ITEC) and a steering-committee member of the Boston University Clean Energy and Environmental Sustainability Initiative (CEESI)…Read the rest of this entry>>

ITEC Gains Funding in Support of Student Mentoring

November 19th, 2009

Boston University’s Institute for Technology Entrepreneurship and Commercialization (ITEC) today announced the creation of the Kindle Student Mentoring Program at Boston University, which is funded by a $33,000 Course and Program grant from the National Collegiate Inventors & Innovators Alliance (NCIIA)…Read the rest of this entry>>

Institute for Technology Entrepreneurship & Commercialization Gains Funding in Support of Early Stage Translational Research

August 5th, 2009

Boston, Massachusetts (August 4, 2009) – Boston University’s Institute for Technology Entrepreneurship and Commercialization (ITEC) today announced the creation of the Boston University Clinical Innovation Awards Program (CIAP) supported by a grant from the Johnson & Johnson Corporate Office of Science and Technology (COSAT). This COSAT funding of $150,000 will provide initial support for researchers involved in identifying and solving unmet clinical challenges by developing innovative new medical technologies…Read the rest of this entry>>

Xconomy Profiles BU Kindle Mentor Program for Commercialization of Intellectual Property

June 29th, 2009

Xconomy features an article written by Boston University School of Management’s Vinit Nijhawan, executive-in-residence at the Institute for Technology Entrepreneurship and Commercialization (ITEC).  Nijhawan explains the wealth of support for entrepreneurs at Boston University, in particular the new BU Kindle mentoring program…Read the rest of this entry>>

BU/MIT team, Novophage, wins top business plan competition: 2009 Global Moot Corp Competition

May 19th, 2009

The startup Novophage Therapeutics, this year’s winners of the Boston University Institute for Technology Entrepreneurship and Commercialization (ITEC), has also taken the top prize at the 2009 Global Moot Corp Competition.  The 2009 Global Moot Corp Competition, held at the University of Austin at Texas, is known as being a top business plan competition and is one of the largest in the world…Read the rest of this entry>>

Boston University recognized for outstanding contribution to advancement of entrepreneurship

November 3rd, 2008

For the second time, Boston University has been recognized by the Global Consortium of Entrepreneurship Centers (GCEC) for its exceptional approach to teaching entrepreneurship with an award for “Outstanding Contribution to Advance the Discipline of Entrepreneurship”…Read the rest of this entry>>

BU School of Management & College of Engineering receive grant to teach entrepreneurship to engineering undergraduates

October 2nd, 2008

The Institute for Technology Entrepreneurship and Commercialization (ITEC), based at the School of Management, and in partnership with the College of Engineering, will develop and deliver a new course for engineering juniors on the principles of technology innovation, entrepreneurship, and commercialization. Paul Levine, ITEC instructor at the School of Management, will design and teach the new course this spring and eventually the course will be required of all engineering students…Read the rest of this entry>>