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Stages:

• Seed

 

Industries:

Information Technology

 

Description:

The Massachusetts Technology Transfer Center has a government mandate to help any inventor in any non-profit research institution to commercialize his or her technology. The Center helps entrepreneurs to start companies and researchers to market their patents through a broad array of high quality programs and resources. The Center provides a broad range of mentoring, education, networking and other support to early stage companies in Massachusetts and beyond. The Center works closely with other programs also funded through the 2003 Economic Stimulus Bill, including the Massachusetts Technology Collaborative, the John Adams Innovation Institute, the Massachusetts Technology Development Corporation and the Trust Fund. Total federal R&D expenditures in the Commonwealth's academic and nonprofit research institutions exceed $6 billion annually. More than 30 active technology transfer offices in Massachusetts universities, research hospitals, and nonprofit research institutes support the commercialization of research for the public good. Massachusetts research institutions produced new licenses and spin-outs that reached $1.48 billion in commercial value from 2018 to 2020.