Dermot Leonard’s first experience with technology transfer was as a mechanical and manufacturing engineering student in 2002. He and his teammates at Queen’s University in Belfast, U.K., won £10,000 in a Northern Ireland Science Park competition for their business plan to develop and market a self-powered medical pump. The invention never made it to market, Leonard says: The team took a half-hearted stab at marketing their idea–but then they graduated. They spent the rest of the money paying off student loans.

See the original on ScienceCareers.org [html], or here [pdf]/strong>