Phase III Facts & Figures
CoLab UT Austin Portugal
Participating Institutions
+50 Schools and other Institutions
13 Digital Media Industrial Affiliates
Participants
+72 Professors / Instructors
+35 PI Researchers
Advanced Education Programs
3 Doctoral Programs
Digital Media; Advanced Computing; Applied Mathematics
1 Master Program
Multimedia
Students
+308 Total Students
148 Ph.D. students, 133+MsC students, and 10 post-docs
124 Scholarship grants
113 Ph.D. scholarship grants, 11 Post-doc scholarship grants
R&D Projects
123 Applications
Phase I (2007-2012): 46 applications; Phase II (2013-2017): 77 applications
Projects Funded
Phase I (2007-2012): 20 projects funded, total funding $1,4M; Phase II (2013-2017): 16 projects funded, total funding $650K
Complementary Fundings
$58K Private Funding
$4.5M External Funding
Funding complementary to FCT (US and EU sources of matching funds)
UTEN Portugal
Building a country-wide network of technology transfer experts
Universities
20% increase in patents granted/year
26% increase in executed licenses/year; 137% increase in license income; 132% increase in new academic spinoffs
Technology companies
127% annual growth in revenue
37% growth in exporting technology; 38% annual growth in hiring
Previous phases (2012-2016)
Economic impact
$95M direct economic impact
$27M investment risk capital; $27M committed revenue; $27M strategic capital (trials); Product launches: US, India; SAARC countries, China
Jobs created
3 spin-out companies generated
67 qualified jobs created
Total economic impact
$130M total economic impact
Returned $40 for every $1 invested by FCT