Carnegie Mellon University’s Project Olympus has helped form 23 companies, including reCAPTCHA and Dynamics Inc., reports the Pittsburgh Post-Gazette.
The program, founded by computer science professor Lenore Blum, seeks to introduce members to the differing -- and sometimes dueling -- sensibilities of research scientists and business professionals. But the in-house incubation has had another effect, as Dr. Blum saw at a recent meeting with the Olympus groups.
"I asked how many were planning to stay in town with their companies," she said. "Every single one said 'yes,' which is a total sea change from a few years ago."
Original source: Pittsburgh Post-GazetteRead the full story here.