LOWELL, Mass. – Venture industry veteran Nancy Saucier was recently named associate director of new venture development of UMass Lowell’s Office of Commercial Ventures and Intellectual Property (CVIP).
Prior to joining UMass Lowell, Saucier served as executive director of the New England Venture Capital Association and as a consultant specializing in community alliance development and marketing communications. In these roles, she was responsible for designing new programs and projects, as well as assessing existing programs and executing strategies to capitalize on the assets and strengths of an organization.
At UMass Lowell, Saucier is responsible for working with faculty, deans and administrators to develop robust industry clusters and entrepreneurial opportunities on behalf of the university. As part of the university’s Provost’s Office, which oversees faculty research and commercialization, Saucier’s role includes facilitating and strengthening outreach efforts, widening and deepening industry networks and overseeing entrepreneurial programs for UMass Lowell faculty and students.
“Nancy’s efforts will not only strengthen existing efforts at UMass Lowell, like the Massachusetts Medical Device Development Center, but lead the development of additional new venture centers and startups from both internal and external sources,” said George Kachen, CVIP senior director. “Her years of experience in the venture field afford UMass Lowell a unique perspective on commercialization of early-stage technologies and the development life cycle, an asset we will capitalize on with this new role as the university embraces commercialization and widespread entrepreneurship.”
Saucier will also work with stakeholders including corporations, investors and government to identify focused initiatives to leverage the core competencies, capabilities and expertise of university faculty, researchers and others, as well as identifying logical targets for business incubation, all with the goal of having a positive economic development impact on the region and the Commonwealth.
“With the ripe opportunities that exist at UMass Lowell in robotics, sensors, imaging technologies, advanced manufacturing and materials platforms, I’m looking forward to transitioning great science into vibrant startups,” said Saucier.
UMass Lowell is a comprehensive, national research university located on a high-energy campus in the heart of a global community. The university offers its more than 15,000 students bachelor’s, master’s and doctoral degrees in business, education, engineering, fine arts, health and environment, humanities, sciences and social sciences. UMass Lowell delivers high-quality educational programs, vigorous hands-on learning and personal attention from leading faculty and staff, all of which prepare graduates to be ready for work, for life and for all the world offers. www.uml.edu