In 1986 the trustees of the University of Chicago created an unusual organization.It was cumbrously titled The Argonne National Laboratory/ The University of Chicago Development Corporation.This was quickly shortened to the AR-CH Development Corporation and the organization soon became known as ARCH.2006 marks the 20th anniversary of that initiative. During the course of those twenty years ARCH evolved from a small under-funded technology transfer function on the second floor of Walker Museum in the Hyde Park campus of the ...
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In 1986 the trustees of the University of Chicago created an unusual organization.It was cumbrously titled The Argonne National Laboratory/ The University of Chicago Development Corporation.This was quickly shortened to the AR-CH Development Corporation and the organization soon became known as ARCH.2006 marks the 20th anniversary of that initiative. During the course of those twenty years ARCH evolved from a small under-funded technology transfer function on the second floor of Walker Museum in the Hyde Park campus of the University of Chicago (sometimes described as on exhibit at the museum) to a unique seed and early stage venture capital partnership with offices throughout the United States.ARCH is governed by the same four people who began with it in 1986, it has founded or co- founded 115 new companies, and manages over one billion dollars.It has maintained an unwavering fidelity to its original objective.ARCH finds ground breaking discoveries in university, government, and corporate laboratories and transforms this science and technology into viable entrepreneurial start-up companies.ARCH then nurtures these companies to independence.Along this twenty year span there have been some successes, some failures, and many lessons learned.This book is an attempt to share those lessons."
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