InnovateTech Ventures

Venture Creation based on University Technologies

InnovateTech Ventures is a different kind of “VC” firm. We’re not an investment fund but a “Venture Creation” firm. We bring together seed funding, high potential university technologies and experienced management teams to create promising new startups.

What We Do

InnovateTech Ventures is a venture creation firm. We build high potential startups primarily based on patented technology developed at universities. We operate the Economic Development Venture Creation (EDVC) Program which brings together university technologies, experienced entrepreneurs and funding to create high potential university spinout companies that support local economic development.

What We Do

InnovateTech Ventures is a venture creation firm. We build high potential startups primarily based on patented technology developed at universities. In selected cases we provide consulting and management services to established tech companies seeking a path to exit.

We believe that universities innovations hold untapped startup potential. But most universities don’t have access to a network that can bring together a business model, seed funding and an experienced management team. InnovateTech provides that access, transforming disruptive university innovations into high potential startups.

InnovateTech operates the Economic Development Venture Creation (EDVC) Program which brings together university technologies, experienced entrepreneurs and funding to create high potential university spinout companies that support local economic development. We currently work with funds and private investors with an economic development mission in Eastern and Southern U.S.

The EDVC program results in high potential startups, based on vetted university technologies, based in the investors region, led by an experienced CEO and aligned with the region’s industrial strength.


  • Are you an investment fund looking for investment and economic development opportunities?
  • Are you an experienced entrepreneurial CEO looking for a new startup?
  • Are you part of a university licensing office looking for a better commercialization path for your technologies?

Contact us to learn how we can work together!

Portfolio

Since our formation in 2007 InnovateTech has worked with dozens of investment groups, universities and small tech companies.

Portfolio

Since our formation in 2007 InnovateTech has worked with dozens of investment groups, universities and small tech companies. We’re proud of our portfolio of startups and tech company clients: stm23DBSDIAFGCSITPLTMSQMA

Team

The InnovateTech team has unparalleled experience with university technology transfer, intellectual property and startup formation.

Team

The InnovateTech team has unparalleled experience with university technology transfer, intellectual property and startup formation.

President

Tech transfer startup guru 

Gerard Eldering
President

Gerard founded InnovateTech in 2007 and has more than 16 years’ experience in technology transfer venture creation. He has created more than a dozen startups, and achieved million dollar plus IP deals and company exits. Read more.

IP Attorney

The patent and tech transfer king

David Grossman
IP Attorney

David Grossman, Attorney-at-Law, is registered to practice in DC and before the USPTO. David is an accomplished patent attorney, inventor, entrepreneur and technology transfer professional. David operates PatentServices.com, and provides IP services for InnovateTech and its portfolio companies.

Senior Consultant

University tech transfer queen

Jennifer Murphy
Senior Consultant

Jennifer has more than 30 years of experience in university research administration, including 10 years, as Director of Technology Transfer at GMU. She supports InnovateTech’ s venture creation initiatives.

Entrepreneur and Attorney

The ultimate dealmaker

Rob Collins
Attorney

Entrepreneur, strategic advisor and attorney with proven business and legal experience in technology commercialization, start-ups, strategic business planning, funding, licensing, business development, strategic partnerships, quality and regulatory systems.

InnovateTech is supported by an outstanding team of support personnel, interns and contractors. Kathy, Marie, Diana and the rest of the team keep the InnovateTech’s gears in motion.

Contact

Contact us – we would love to talk to you.

Contact

13520 McLearen Road, Suite 711081
Herndon, VA 20171
703-880-6697

Are you an investment fund looking for investment and economic development opportunities? Are you an experienced entrepreneurial CEO looking for a new startups? Are you part of a university licensing office looking for a better commercialization path for your technologies? Contact us – we would love to talk to you.