University of Toledo Incubation
YTD FY 2009 Annual Report – Executive Summary
|
October 2006 |
October 2007 |
June 2008 – Short fiscal year to coordinate incubation fiscal with the university Fiscal |
FY2009 – YTD February 2009 |
|
4 companies -ADG -MWOE -ITF -Platform Labs |
8 companies -Xunlight satellite office -ADG -Platform Labs -Ugly Data (2 locations) -Recombinant Innovation -H2 Engine Systems -SuGanit Systems -Sdudi |
8 companies -ADG -Platform Labs -Ugly Data (2 locations) -Recombinant Innovation -H2 Engine Systems -MowTeq -SuGanit Systems -Sdudi
|
10 companies -ADG -Buckeye Silicon -Ugly Data (2 locations) -Recombinant Innovation -H2 Engine Systems -MowTeq -ShadePlex -SuGanit Systems -Sdudi -Engineered Process Systems
|
|
1 graduate -Solar Fields |
3 graduates -Xunlight (MWOE) -Solar Fields -ITF |
3 graduates -Xunlight (MWOE) -Calyxo (Solar Fields) -ITF |
3 graduates -Xunlight (MWOE) -Calyxo (Solar Fields) -ITF |
|
0 joint ventures formed |
1 joint ventures formed -Calyxo |
3 joint ventures formed Solar Kit Nextronex Energy Systems X26
|
# Joint Ventures formed |
|
0 leads for potential clients |
16 leads for potential clients |
13 leads for potential clients (major construction and space limitations reduced prospects) |
28 leads for potential clients |
|
0 international companies interested in program |
2 international companies interested in program Credit Suisse Mora Associates |
4 international companies interested in program Isofoton Q-Cells Austin Associates URS |
2 international companies interested in program DuPont Brush Engineered Materials |
|
0 centers |
4 centers -PVIC -ITI -GEO -UCEAO
|
5 centers -PVIC -ITI -GEO -UCEAO -MTSBDC
|
7 centers -Center for Advanced Renewable Energy -PVIC -ITI -UCEAO -MTSBDC -ITAC -NASA Solar Testing Facility |
|
1 incubation center |
2 incubation centers + grant for construction of 3rd
|
2 incubation centers + 3rd and 4th being built |
2 incubation centers + 3rd and 4th being built |
|
23 jobs |
54 jobs + 29 postings
$3,240,000 new wages + $1,740,000 wages for posted positions = $4,980,000 Total impact |
87 business jobs+ 26 postings 7.5 FTE center jobs with 10 postings
$5,670,000 new wages + 2,160,000 wages for posted positions = $7,830,000 total wage impact
|
132 business jobs+ 47.5 postings 16.5 FTE center jobs with 5 postings
$8,910,000 new wages +3,150,000 wages for posted positions = $12,060,000 total wage impact
|