"Spin Up was created to help Indiana University researchers bring promising technologies to the market by starting their own companies," he said. "Spin Up helps with the early administrative functions of running a business so faculty members can focus on the research that drives it. This includes working with local service firms that provide business needs like insurance and payroll."
During the fiscal year July 1, 2015, through June 30, 2016, four startups were launched through the Spin Up program.
Crossroads Education LLC
Founded by Kevin Berkopes, director of the Mathematics Assistance Center and the Statistics Assistance Center at Indiana University-Purdue University Indianapolis. By leveraging the latest advances in technology, Crossroads Education creates collaborative learning spaces and the technology that could shift paradigms in education.
"We have immense momentum with transferring our learning spaces and technology to our three goal education sectors by 2018. We are negotiating contracts to implement a Learning Commons Modeled learning center in other universities, in public and private K-12 schools, and in community centers in the Midwest," Berkopes said. "We are also very excited to bring live Nexus Virtual Learning Space, Compass Analytics and Tracking, and Zoink Mobile Learning Spaces App by the end of August with more than 20,000 users."