University of Chicago to open business incubator to spur innovation

Lynn Russo Whylly's picture

The University of Chicago will open the incubator, called the Chicago Innovation Exchange, late next year to turn early stage ideas into businesses.

The announcement coincides with universities’ growing efforts to commercialize their faculty and student research. At the same time, they’re justifying the taxpayer-funded lab work and enabling students to gain business and workplace skills.

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