A business incubator at the University of Notre Dame doubled in 2019 the number of startup businesses it helped launch in the previous two years combined. The IDEA Center says 32 young companies were put in motion last year, bringing the total number of startups to 64 since the IDEA Center began in 2017. Notre Dame says the 64 active startups have created 99 full-time jobs, with an average salary of $72,000. The companies have collectively raised $6.6 million in investment. The IDEA Center says last year’s startups represent several industries, including advertising, consumer products, fashion, food additives, health care and information technology. The university says of the 64 startups launched since the formation of the IDEA Center, 36 are student creations.
January 22nd, 2020|Local News|