Related: U-M inventors to be showcased

ANN ARBOR—The University of Michigan’s technology transfer efforts continued to expand during fiscal year 2006, recording 288 new invention disclosures, nine business startups, and 97 license agreements” a 13 percent increase over last year.

The University’s U.S. Patent applications rose slightly to 136, and the number of patents issued held steady at 79.

The University received $20.4 million in revenues from licensing royalties and the sale of equity during the fiscal year ending June 30, 2006, up 22 percent from $16.7 million the previous year.

More than 600 U-M inventors participated in technology transfer activities during the year.