Tech Launch Arizona will take on much of the university's existing Office of Technology Transfer
The University of Arizona (UA) will launch a clearing house for technology commercialization this year.
Tech Launch Arizona will take on much of the university’s existing Office of Technology Transfer and is expected to help bring together the academic and private sectors using an advisory committee made up of business leaders and entrepreneurs, according to news provider Arizona Business.
UA spent more than $586m on research in 2010 and formed six start-ups, issued 64 licensing agreements and was awarded 16 patents.
Its neighbouring Arizona State University’s spent more than $329m on research and its Arizona Technology Enterprises helped issue 55 licensing agreements and formed four start-ups.