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Fast Track

This program focuses on development, testing, prototype construction or market analysis of innovative technologies originating from one of the four campuses. The FastTrack program has contributed significantly to the development and commercialization of some exciting technologies in such areas as cancer detection, blood glucose monitoring, environmental protection, and vector signal measurement.  

Based on the program’s success, the UM System has reinstated this program with $500,000 because of the effectiveness and the economic benefits it has provided. FastTrack II launched in January 2013. 

FastTrack-Karl-crop2.jpg“FastTrack funding allowed us to perform an independent market survey with both Electronic Health Record (EHR) vendors and large health systems to help us determine market demand and product pricing. We also leveraged developers to build out linkages to some of the best treatment calculators and protocols. This funding allowed us to quantify some of the benefits of our system, which include time savings for providers and medical error reductions.”

— Karl Kochendorfer, MD, FAAFP
 CEO/Founder, MedSocket


To date, this program has resulted in

 36 publications and presentations

2 invention disclosures

4 patent applications

license agreements

option agreement

5 startup companies

1 new incubator tenant

$900,000 in venture funding

$287,000 in grant funding

For more information on the FastTrack Funding Program, click here.


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