Director, Technology Innovation and Economic Development & Executive Director, James Madison Innovations, Inc.

Year Started at JMU: 2006

bourneml@jmu.edu

Contact Info

Website: http://www.jmu.edu/innovation/

Mary Lou Bourne established the Office of Technology Innovation and Economic Development at James Madison University in January 2005, and incorporated the intellectual property non-profit corporation, James Madison Innovations (JMI), in 2008.    She has been a liaison and key player in economic development for JMU at the local, regional, and state levels since 2013.

In her dual roles of Director of Technology Innovation and Economic Development and Executive Director of James Madison Innovations, she provides leadership over all aspects of moving university initiated innovations into the marketplace, including developing strategies for marketing, licensing and commercialization of intellectual property created by faculty, staff, and students, fostering economic development collaborations, and assisting in the establishment of start-up companies based on intellectual property developed at JMU. She facilitates economic development collaborations across the region and the state by making connections for innovators and entrepreneurs. Mary Lou worked with local business investors to create the Shenandoah Valley Angel Investors in 2015, a network of private investors that help fund technology startup companies in the Valley.

A Certified Public Accountant, Bourne is the chair of the Shenandoah Valley Innovation Coalition (SVIC) and the chair of Virginia’s University-Based Economic Development (UBED) Fall 2017-19.  She is actively involved in a wide variety of programs that promote the economic development of the region.  Bourne is a member of:

  • Shenandoah Valley Technology Council, 

  • Association of University Technology Managers (AUTM),

  • Virginia Economic Developers Association (VEDA),

  • Virginia Innovation Ecosystem,

  • JMU Graduate Council,

  • University Economic Development Association (UEDA)

  • GO Virginia state-wide advisory workgroup,

  • Harrisonburg City Comprehensive Plan Advisory Committee on Economic Development

  • Virginia Innovation Alliance (secretary)


Bourne received a MS in Integrated Science and Technology from James Madison University in 2004 where her graduate research in identity theft culminated in a system dynamics model entitled “The Dynamics of Identity Theft: A Comparison of Symptomatic and Systemic Solutions”. Bourne’s previous work experience includes project management and information systems implementation as Controller at Bridgewater College, Associate Director of Administrative Information Systems at Virginia Tech, and The Mountain Institute, an international non-profit organization.

M.S. James Madison University, Integrated Science & Technology

Ma.Ed. Virginia Tech, Higher Education Administration

B.A. Bridgewater College, Business Administration


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