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MU Receives APLU Designation For Exemplary Efforts in Advancing the Economic Well-Being of the State, Region and Nation

Nov 12, 2013

The University of Missouri is one of 16 public institutions to be designated an Innovation and Economic Prosperity University by the Association of Public Land-grant Universities. A unique strength of the university is that it houses  a hospital, a veterinary hospital, a law school, a College of Engineering, and a business school on one campus.

Story by:  MU News Bureau

Since 2008, MU has filed 278 U.S. patents and signed 204 options and licenses for new technologies developed at the university. As a result, companies that have licensed products invented by MU scientists have received about $1 billion in sales revenues. University officials also have created resources to support and encourage entrepreneurial students. Now, the University of Missouri has been designated by the Association of Public Land-grant Universities (APLU) as an Innovation and Economic Prosperity University (IEP) recognizing MU for its successes in innovation and entrepreneurship, technology transfer, talent and workforce development, and community development.

“Universities are economic engines that not only directly employ people, but also generate research-based innovation and technical expertise that allow businesses to start up, grow and thrive,” APLU President Peter McPherson said. “This designation recognizes universities that are really stepping up to strengthen their local, state and the nation’s economies.”

MU was one of 16 public institutions to receive this designation. MU is natural hub for innovation, as it is one of the few universities in the nation with a hospital, a veterinary hospital, a law school, a College of Engineering, and a business school on one campus.  See more…