Achievements

  • KSU-IC licenses intellectual property from K-State and major corporations, creating start-up companies financed with more than $30 million in equity and grants over the past nine years.
  • KSU-IC licensing efforts have generated approximately $12 million in direct revenue back to Kansas State University over the past 10 years.
  • KSU-IC has created more than 170 jobs in the regional economy, with averaging salaries of approximately $57,000 annually.
  • Over the last 11 years, KSU-IC initiatives and client companies have generated an inflow of about $165 million dollars into the Manhattan region through product and service sales, investment capital, research funding from a variety of sources, royalties on product sales and other payments from technology licenses.
  • More than 1,000 patents were acquired via the nationally acclaimed Technology Acquisition, Development and Commercialization program between 1998 and 2004. Currently, 51 percent of this portfolio is licensed or sold, and global licensed product sales are more than $45 million annually.
  • In January 2008 the power of donated technologies became readily apparent with the 51 percent acquisition of NutriJoy Inc. by Coca-Cola Co. This acquisition gave Coca-Cola its first corporate operating presence in the state of Kansas.