UNC doubles tech licensing revenue to record $7.9M

Stefanie Botelho's picture

Licensing technologies created at the University of North Carolina at Chapel Hill generated $7,932,921 in income for the university in fiscal year 2014, more than double the highest amount of royalty income Carolina has received in a single year.

The amount comes from licensing revenues by companies that use university-created technology and from the university’s sale of stock it holds in successful startups.

Until this year, the highest income it had ever received from technology was $3,927,300 in 2004.

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