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Funding Recipients

University of Missouri System invests up to $250,000 in an MU start-up venture to spur statewide economic development
Award money allows company to obtain additional funds from Missouri Technology Corporation and Centennial Investors

COLUMBIA, Mo. ­— The University of Missouri System Office of Research and Economic Development will award up to $250,000 to a Columbia start-up company as part of its investment program to spur economic development in the state.

MedSocket of Missouri, a startup venture from the University of Missouri-Columbia School of Medicine, helps improve the quality and efficiency of patient care. The company competed against 13 other applicants for funds available through the university’s Enterprise Investment Program (EIP).

“Our financial investments continue to make a difference—serving as a catalyst between our researchers’ innovative technologies and the marketplace,” said University of Missouri System President Tim Wolfe. “And with this investment, MedSocket has been able to leverage external funding from our partners.”

In addition to the UM system’s contributions, MedSocket has obtained $250,000 from the Missouri Technology Corporation (MTC) and $166,500 from Centennial Investors. MTC and Centennial Investors have been constant partners of the EIP program and continue to make strategic investments in university startups to help grow technology-based Missouri businesses.

For the full release, click here.

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MedSocket

MedSocket is a health information technology company create to improve the quality and efficiency of patient care through advanced information retrieval, knowledge management, and clinical decision support technologies that deliver the best available clinical evidence at the point of care.

MedSocket is dedicated to improving healthcare by connecting people with trusted and reliable health information.

Click here to visit MedSocket's website.

Research Parks & Incubators

The University of Missouri System’s statewide network of research parks provides a thriving environment for discoveries to move from the laboratory to the marketplace. The atmosphere of innovation and collaboration attracts national and international tenants who create quality employment opportunities for Missouri citizens and millions of dollars of capital investment across the state.

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Office of Intellectual Property Administration

The Office of Intellectual Property Administration (OIPA) supports the economic development mission by encouraging broad practical application of university research for the public benefit; assisting those associated with the technology transfer program with evaluating, protecting, licensing and commercializing university discoveries; and carrying out new economic development initiatives designed to create jobs in Missouri.

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Funding Opportunities

The Office of Research and Economic Development is dedicated to commercializing university technologies - one of the biggest challenges to that mission is funding. To proactively combat the constant obstacle, the office has formulated different funding programs for faculty, students and innovations in all stages of the discovery process.

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Office of Research & Economic Development

The Office of Research and Economic Development was established in 2005 to link research and commercialization from the four University of Missouri System campuses with emerging and existing firms across the state and around the world. Working closely with the chief research officers, chancellors and technology transfer offices from each campus, the office also serves as a conduit to local, state and federal agencies to ensure research results aid the growth of Missouri’s economy.

The Office is dedicated to advancing Missouri through innovation, investment and infrastructure.

Our enthusiasm for these three categories revolves around the development of intellectual property, funding programs and research parks and incubators. Providing support during critical stages in university inventions’ path to the marketplace stimulates Missouri’s economy, jobs and entrepreneurship.

Our vision is to enable and lead Missouri’s transformation toward a knowledge-based economy dependent upon innovation and entrepreneurship.

Contact Us

309 University Hall
Columbia MO, 65211
Phone: 573-882-6726
Email: email