From Columbia News:
New York City is home to some 7,000 startups, valued at more than $71 billion. In just five years, Columbia Startup Lab has made an impact on that growing ecosystem with more than 250 startups and some 350 entrepreneurs, all Columbia graduates.
“We live in a time when modern research universities must throw off the constraints of traditional academic silos to develop new and productive responses to society’s problems,” said President Lee C. Bollinger. “That work always begins with harnessing our most precious asset—the brilliant minds and the thirst for discovery possessed by our faculty and students. The Columbia Startup Lab is a quintessential example of the new academic ecosystem, and its success over a period of just five years has been felt throughout the University.”