Businesses created by students, faculty and alumni

Formal licensing of Brown’s intellectual property is not the only way in which Brown’s intellectual capital is invested in the creation of new products and services, new businesses and new jobs. Faculty members, staff, alumni and even students also use the knowledge and skills they have acquired at Brown (and elsewhere) to launch new ventures in a wide range of industries. For example:

  • Shape Up RI, founded in 2006 by a student at the Alpert Medical School, promotes exercise and weight loss through team competitions and peer support.
  • Truth Box Inc and Stack Design Build, founded by Brown alumni in 2001 and 2008 respectively, have developed a project in Providence called The Box Office — 12,000 square feet of attractive new office space for small companies that is constructed out of recycled shipping containers.
  • NuLabel Technologies, started in 2009, has created an “eco-friendly” form of adhesive label that does not require a liner. The venture was started as a senior-year project by four students in Brown’s Business, Entrepreneurship and Education (BEO) program. As of the summer of 2011, the company had attracted $4 million in private investments. 
  • Accelereach, founded in 2009 by two graduates of Brown’s PRIME program, has developed web-based software that flexibly combines e-mail, voice-mail and text messaging functions to support communications between health professionals and their patients.
  • CytoSolv Inc, founded in 2009 by two medical researchers at Brown, has developed a new treatment that accelerates healing of wounds.
  • Axena Technologies was founded in 2010 by three graduates of the PRIME program. The company has developed an anti-microbial coating that can be applied to a wide range of medical and health care products to reduce health care-related infections.
  • Tivorsan Pharmaceuticals, founded in 2010 by a Brown faculty member, is developing new protein-based treatments for serious neuromuscular disorders, including muscular dystrophy.

Table 8 lists selected examples of companies started by Brown faculty, staff, graduates or students that are currently doing business in Rhode Island — most of them in Providence. While not a complete inventory of all of the companies in Rhode Island with “Brown DNA,” it illustrates the wide range of companies that are connected to the University. Together these 25 companies employ more than 450 people.

Table 8: Selected Rhode Island companies started by Brown alumni,
faculty and staff or based on Brown technology

Company

City

Relationship to Brown

Year founded

Employees

Bay Computer Assoc

Cranston

Brown alumnus CEO

1981

24

Andera

Providence

Founded by Brown alumnus

1996

85

EpiVax

Providence

Brown faculty founder, licensed Brown technology

1998

15

Neurotech USA

Lincoln

Technology licensed from Brown

2000

28

ProThera Biologics

E. Providence

Brown faculty founder

2001

5

The Steel Yard

Providence

Founded by Brown and RISD students

2001

6

Truth Box, Inc

Providence

Founded by Brown alumnus

2002

1

NABsys

Providence

Brown faculty founder, licensed Brown technology

2004

47

Bio-Tree Systems

Providence

Technology licensed from Brown

2004

6

Tizra

Providence

Brown faculty founder

2005

10

Narragansett Brewing Company

Providence

Founded by Brown alumnus

2006

69

Shape Up RI

Providence

Founded by Brown student

2006

41

Greenbytes, Inc

Ashaway

Founded by former Brown graduate student

2007

30

Stack Design Build

Providence

Founded by Brown alumnus

2008

14

NuLabel Technologies

Providence

Founded by Brown alumni

2009

13

CytoSolv, Inc

Providence

Founded by Brown researchers

2009

3

Accelereach Technologies

Providence

Founded by Brown alumni

2009

3

Dynadec

Providence

Brown faculty founder, licensed Brown technology

2009

5

Axena Technologies

Providence

Founded by Brown alumni

2010

3

Bandit Consulting

Providence

Founded by Brown alumna

2010

1

Tivorsan Pharmaceuticals

Providence

Brown faculty founder

2010

6

G-Form

Providence

Founded by a Brown alumnus and adjunct faculty member

2010

35

Care Thread

Providence

Founded by Brown alumnus

2011

4

Fanium

Providence

Founded by Brown alumnus

2011

3

Premama

Providence

Founded by Brown students

2011

2