Colorado Springs News, Sports & Business

Gazette Premium Content Air Force Academy program opens millions in research to Pikes Peak area entrepreneurs

photo - Image via the Colorado Springs Technology Incubator Facebook page. + caption
Image via the Colorado Springs Technology Incubator Facebook page.
BY Katherine Blunt katherine.blunt@gmail.com - Updated: August 7, 2014 at 9:51 pm

The Colorado Springs Technology Incubator will introduce a program at its Aug. 20 MashUp event that allows local businesses to jump-start growth using the resources of the Air Force Academy.

The MashUp is a networking opportunity for local entrepreneurs.

Air Force officials involved in the program's development will be there to explain its offerings. Jim Solti, the academy's deputy director of the Office of Research, declined to provide details because some aspects of the program have not been finalized, he said.

Federal law requires all institutions engaged in federal research to engage in technology transfer.

"This is a very significant opportunity to help the academy become a factor in jump-starting the Colorado Springs economy," said Ric Denton, president and CEO of the Incubator.

Research at the academy is valued at $50 million to $60 million - far beyond other local research, Denton said.

"The academy has a significant amount of intellectual property that has been patented that could be viable to (interested companies)," he said.

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