WRAL Tech Wire

RTP-based tech transfer advisory firm expands to Triad

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• Wake Forest Babcock Demon Incubator
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Southeast TechInventures, a company that works with inventors and researchers to turn discoveries into commercial ventures, is expanding to the Triad.

SIT will open an office at the Wake Forest University Babcock Demon Incubator and seek to help Piedmont area entrepreneurs turn ideas into products.

“As a technology accelerator, our primary goal is to help universities and inventors bring promising new technologies to market,” said Karen LeVert, co-founder and chief executive officer of STI. “A progressive incubator under the leadership of an experienced entrepreneur like Clarkson, combined with the world-class facilities, equipment, intellectual property, and relationships surrounding this venue, provide the perfect environment for STI and our partners to apply our commercialization process and build new companies in the Triad.”

SIT already has helped launch 12 companies and also assists in securing federal grants through the Small Business Innovation Research (SBIR) program.

“The partnership with Southeast TechInventures with its unique ability to recognize, source, and commercialize exciting intellectual property will both bring new companies to the incubator as well as enable us to offer a proven commercialization process to BDI clients,” said Tom Clarkson,the incubator’s director. “STI will be a great addition to the Triad’s entrepreneurial community and the companies it creates will provide significant economic growth for the region.”

STI works with universities across the state as well as the N.C. Biotechnology Center, N.C.’s Small Business Technology Development Center and Johns Hopkins University.

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