Summary: For more information about Olympus, please visit our website: http://olympus.cs.cmu.edu/
A downloadable brochure is available at: http://olympus.cs.cmu.edu/about/BrochureReduced.pdf
Project Olympus, a Carnegie Mellon innovation center, operates at the earliest stages of the value
creation chain. It aims to augment and accelerate the process of moving cutting-edge research and great ideas
to development and business stages through licensing, creating start-ups, and through corporate collaboration
and strategic partnerships. Olympus provides start-up advice, micro-grants, incubator space, and connections
for faculty and students across campus and with the wider regional, national and global business communities.
A main goal is to create a climate, culture and community to enable talent and ideas to grow, creating a
dynamic commercialization eco-system.
An initiative of the Carnegie Mellon School of Computer Science, Olympus works with faculty and students
across campus and collaboratively with all units of the Carnegie Mellon Innovation Eco-system. Based within
the university's academic sector, Olympus can easily tap into promising innovations that build on the wealth of
university research and student ingenuity. Fostering collaborations, both on and off campus, Olympus
leverages considerable community expertise and resources.
Olympus PROBE projects (PRoblem-Oriented Business Explorations) are the centerpiece of the enterprise.
Here teams of faculty and students from across campus explore the commercial potential of their research and
ideas. Guidance is provided at every stage by the Olympus in-house Business Advisor and Embedded
Entrepreneur and a network of economic development partners.
Olympus by the Numbers1
By its numbers, Project Olympus demonstrates proof-of-concept that nurturing projects at the earliest stages