The world of college startup spinoffs and tech-transfer has exploded over the last five years. More and more universities are taking a more serious look at startup technologies that are being developed in house by both students and professors. No matter what school, what campus in whatever city or whatever state you may find yourself in, colleges are jumping feet first into startups.
There is a much more active presence of licensing college developed technologies and of course there’s traditional startups as well.
The Gainesville Sun is reporting that Myolyn is one of those phenomenal college grown startups that has spun out of the University of Florida. Like many college born startups, the company that aims to give paralyzed people a little more mobility, started as a win in a business plan competition. Today the company is operating out of 1800 square feet of space off campus, but still pretty close. This is the exact thing that economic developers love to see come out of college towns.
Myolyn is creating a hybrid bicycle of sorts that uses electrodes and sensors to help a paralyzed person get some mobility back. The technology is not new per se, there is a competitor out there which offers similar technology in the $20,000 range. The students behind Myolyn, all Gators, hope to get that cost down a lot and make their device affordable to patients rather than treatment and rehabilitation centers.
The founders, Alan Hamlet and Matthew Bellman went from graduate students with an idea to a full fledged company. Their education along with their worldly experiences and love of technology has driven the company thus far. Hamlet has always loved robotics. The Gainesville Sun reports that he even spent nine months working at Elon Musk’s SpaceX before returning to UF to work on autonomous vehicles.
You can find out more about Myolyn here.