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UCLA To Tap Outside Board For Startup Deals

The University of California, Los Angeles is looking to an outside board to help it negotiate technology transfer and research deals with companies, according to reports. The group will tap a yet un-named group of outside experts to help technology startups coming out of UCLA to better navigate their way through commercialization efforts. The moves come as the University of California system approved a move to allocate $250M in a venture capital fund to invest in startups founded by UC faculty and students.

Image courtesy Chris Radcliff, via Flickr