There is nothing the University does to encourage Innovation inside the Faculty.<br />
== University Technology Transfer Function ==
<div>The UM does not have a technology transfer office.</div>
=<span style="font-size:large;">University - Industry Collaboration</span>=
<span id="docs=Facilitating University-internal-guid-779cc858-b9b4-02b2-9360-4c48e60ec4e9"><span styleIndustry Collaboration:=="font-size[[File: 14Feria Laboral.6667px; font-familyjpg|thumb|Feria Laboral|link=Special: Arial; color: rgb(102, 102, 102); vertical-align: baseline; white-space: pre-wrap;">The university has a wide range of partnerships FilePath/Feria_Laboral.jpg]]UM gives various tools for students to interact with different industries and businesses. One of the main reasons for that, are ways it does this is by hosting the compulsory internships that each student has to make each summer</span></span><span style="background-color: transparent; color: rgb(102, 102, 102); font-family: Arial; font-size: 11pt; white-space: pre-wrap;Feria Laboral">as a requisite each year in order to obtain their degree</span><span style="color: rgb(102, 102, 102); font-family: Arial; font-size: 14.6667px; white-space: pre-wrap;">which the main businesses in the country Connect with students. This gives the opportunity also helps students a better picture of reality and forces them to evaluate their career and opportunities, </span><span style="background-color: transparent; color: rgb(102, 102, 102); font-family: Arial; font-size: 11pt; white-space: pre-wrap;">at get internships that are Compulsory in the same time they gain hands on experience and start forming their work networkBachelor degrees.</span>
<span id="docs-internal-guid-779cc858-b9b4-02b2-9360-4c48e60ec4e9"><span style="font-sizeIn the help of the search of internships the University provides opportunities for students, like in [https: 14//www.um.edu.6667px; font-family: Arial; color: rgbuy/cinoi CINOI] (102, 102, 102Center of Innovation in Industrial Organization); vertical-align: baseline; white-space: pre-wrap;">Initium has recently develop some entrepreneurship focus internships in different startups. This initiative not only gives which main Objective is to form a stronger Bond between the student university and the opportunity business world, and it's visión is to experience be a real work experience but also stimulates innovation pionera Center of Innovation and entrepreneurship at the same timeApplied Research in Industrial Organization in Latin America.</span></span>
<span id="docs-internal-guid-779cc858-b9b4-02b2-9360-4c48e60ec4e9"><span style="font-size: 14.6667px; font-family: Arial; color: rgb(102, 102, 102); vertical-align: baseline; white-space: pre-wrap;">Some classes come together with local companies to develop or find a solution to a real problem. This semester for example in the Lab V course, telematics and computer engineers used their combined skills Lastly to find a solution to Mastra’s prepaid card system. [http://mastra.com.uy/ Mastra] </span><span style="font-size: 14.6667px; font-family: Arial; color: rgb(102, 102, 102); vertical-align: baseline; white-space: pre-wrap;">is a local bar, pioneer in craft beer in Uruguay. It began as a startup founded by Ing.Wilfredo Camacho, graduate of help students get internships the </span><span style=university developed its own website called "font-size: 14.6667px; font-family: Arial; color: rgb(102, 102, 102); font-style: italic; vertical-align: baseline; white-space: pre-wrap;Portal Laboral">Universidad de Montevideo</span><span style="font-size: 14.6667px; font-family: Arial; color: rgb(102, 102, 102); vertical-align: baseline; white-space: pre-wrap;"> and Alejandro Cardozowhich provides exclusive Job offerings with Partners Companies.</span></span>
<span><span style="fontAnother way the University helps students connect with Companies is by the I-size: 14Lab that is a 3 month long course where students form groups, and each group is assigned a different business with whom it has to work with in Order to find Solutions to the Problem that each business is currently facing.6667px; font-family: Arial; color: rgb(102, 102All students learn to make use of the Design Thinking techniques and work together with students from all majors, 102); vertical-align: baseline; white-space: pre-wrap;">[[File:Mastra.jpg|border|left|650x350px|MastraBoth essential aspects regarding innovation.jpg]]</span></span>
<span style="font-size:smaller;"><span style="background-color: transparent; color: rgb(102, 102, 102); font-family: Arial; font-style: italic; white-space: pre-wrap;">Wilfredo Camacho, Mastra</span></span><div><span style="background-color: transparent; color: rgb(102, 102, 102); font-family: Arial; font-size: 11pt; white-space: pre-wrap;">Another course that aims to give students the tools to find solutions to real problems is I-Lab. This is In 2022 FIUM launched a 3 months long course where students form groups, and each group is assigned a different business with whom it has to work with in order to find solutions to the problem that each business is currently facing. All students learn to make use of the Design Thinking techniques and work together with students from all majors, both essential aspects regarding innovation.</span></div><div><br /></div><div>[[File:Labs.JPG|border|left|650x300px|Labs.JPG|link=Special:FilePath/Labs.JPG]]<br /></div><div><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><span style="font-size:smaller;"><span id="docs-internal-guid-471b904d-233a-c264-f912-32070a6ccb99"><span style=tittled "font-family: Arial; color: rgb(102, 102, 102); background-color: transparent; font-style: italic; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;Explorando el Mundo Empresarial">Josefina Maisonnave- Initium Director</span></span></span></div><div><span style="color: rgb(102, 102, 102); font-family: Arial; font-size: 14.6667px; white-space: pre-wrap;">In some faculties there are research offices that offer students internships by helping professors in their investigations. Let’s take for example the </span>[https://www.linkedin.com/company/15086209?trk=prof-0-ovw-curr_pos CINOI] <span style="color: rgb(102, 102, 102); font-family: Arial; font-size: 14.6667px; white-space: pre-wrap;">(Center of Innovation in Industrial Organization). It’s which main objective aim is for Engineers students to form a stronger bond between the university visit Companies and the business world, and it’s vision is to be a pioneer Center of Innovation and Applied Research in Industrial Organization in Latin Americalearn about them while they interact.</span></div>=Regional Engaging with regional and Local local Economic Developmentefforts=
<span id="docs-internal-guid-91110eb2-b9e6-9d0d-bff3-b1a96e4173eb"><span style="font-size: 14.6667px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap;">Latin America has become a breeding ground for new businesses led by young people and it is now the second most enterprising region in the world, according to the World Bank.</span></span>