News | Aug 26, 2019

You’re an Entrepreneur, but do you know what Technology Transfer is?

Every week we add new technologies and software to our inventions database where entrepreneurs, startups, and businesses can find new opportunities.

Today, with the globalization of trade and growing access to the Internet, more people are using technology than ever before. And that’s enabled a pace of innovation and technological change that’s affecting everyone. Forget years–markets can be created and abandoned in weeks and months.

So, whether you’re a startup, small business owner, or a multinational corporation, you need to have an innovation strategy to stay relevant, competitive, and growing.

Maybe your company hasn’t gotten around to creating a research & development team or hiring an innovation officer. That’s OK—you don’t need to set up a laboratory to create an innovation pipeline because the government is already conducting basic and applied research at dozens of laboratories.

And thanks to U.S. economic development laws, you can easily connect with government scientists and leverage their work for your business needs.

Those laws enable technology transfer, which allows the U.S. government to grant licenses for thousands of its available technologies.

For example, if you want to make and sell the cutting-edge free-space optical communications headset that was designed by the U.S. Air Force’s 711th Human Performance Wing, all you need is a license.

To help entrepreneurs understand what is possible through technology transfer, and how to apply for a license, the government created TechLink, which facilitates the licensing process for entrepreneurs and companies that choose inventions from the Department of Defense and Department of Veterans Affairs.

Now, join the hundreds of entrepreneurs already building and innovating their businesses using technology transfer by searching the database of available inventions. This is where technology transfer starts.

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