NEW HAVEN — Yale University is launching a new initiative to reshape the way the Ivy League school helps professors and students turn their research into commercial ventures.

Josh Geballe, who until mid-February had worked in Gov. Ned Lamont’s administration as the state’s chief operating officer, will manage the new initiative, Yale Ventures.

Geballe, who has a bachelor’s degree and a master’s in business administration from Yale, left his job in state government to become a senior associate provost for entrepreneurship and innovation at his alma mater.

“This is a way for Yale to bring together a group of previously disconnected initiatives,” Geballe said. “It’s really about the university wanting to increase the impact it has on the challenges facing the world. The university is investing in additional staff and programs to help the entrepreneurial ecosystem in the greater New Haven region.”

Details of how many new jobs the school’s new initiative will create, as well as the level of increased investment that will result from the launch of Yale Ventures, have not been released. Much of that information will be announced in May during the 2022 Yale Innovation Summit, according to Geballe.

Several new positions in the Yale Ventures organization are already posted, he said.