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Dick Sommerstad

Carl R (Dick) Sommerstad
Office of Business Development
University of Minnesota
Minneapolis, MN

Dick is the Assistant Director of the Office of Business Development. Dick has been the lone business development person developing and trying out various programs, (Business Commercialization Advisory Board, CEO Data Base, Resource Database and Network, Investment Community Workshop Series, Technology Transfer Advisory Boards, Investor Relations programs, The Midwest Research University Network, and The Business Gateway into the University). He has over 38 years of experience in commercialization of new businesses. His broad industry experience covers shipping containers, employee assistance programs, computer based education, semiconductors, electronic publishing, software development, printed circuits, technology transfer, continuing medical education, Medical Clinics, and business services. His experience includes holding positions as CEO, COO, and VP of sales, marketing, & business development in various companies. He has managed turn-a-rounds, start up companies, acquisitions, mergers, and divestitures. Dick's extensive network and relationships in highly diverse industries allow him to help the faculty members start companies and increase the commercialization of technology at the University of Minnesota.

Capital Formation Institute, Inc.
a 501(c)(3) non-profit organization
Office of Science, Technology Transfer and Economic Outreach
University at Buffalo, 1576 Sweet Home Rd., Amherst, NY 14228

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