LICENSE: Center for Tech Commercialization
LICENSE commercialize technologies and support start-ups
We serve as the front door for inventors and partners, working in collaboration with Virginia Tech Intellectual Properties (VTIP)
Every day groundbreaking discoveries are made at Virginia Tech, LICENSE: Center for Technology Commercialization and LAUNCH: Center for New Ventures, provide a path to market, creating impact and value to stakeholders. We deliver top-tier technology commercialization services to support licensing of technologies to existing companies and promote start-up formation. We operate in collaboration with the Office of Sponsored Programs and Conflict of Interest to educate and guide Virginia Tech innovators throughout the commercialization lifecycle.
Our experienced team knows what it takes to navigate the complex process of technology transfer and we bring a full suite of competencies, including depth in technology transfer and negotiation, new venture development, intellectual property (IP) management, and technical expertise.
When the invention disclosure is found to be novel and of possible value to the market, we seek to protect the associated IP in partnership with Virginia Tech Intellectual Properties (VTIP). A 501(c)(3) affiliated corporation of the Virginia Tech Foundation, VTIP manages Virginia Tech IP administration for the university in cooperation with LINK+LICENSE+LAUNCH and Office of Sponsored Programs.
How do we help?
We create partnerships that turn scientific progress into tangible products, businesses, and service models
We promote the progress of science and technology
We deliver on the Virginia Tech mission and support regional, state, and global economic development, cultivating an inclusive environment of scientific and entrepreneurial excellence.
We forge deep connections with industry, investors, and experts
We stay abreast of market and opportunity areas and create platforms for partnership and value creation.
We deliver a proactive, value-added approach
We take on a broad portfolio for asset management enabled through robust technology and market assessments, customer discovery, marketing, and opportunity shaping.
The LICENSE & LAUNCH teams offer a holistic approach to asset management and commercialization. We encourage disclosure of IP from Virginia Tech faculty, staff, and graduate students. With a service orientation, we evaluate discoveries for possible application and value, establish IP protection strategies, and shape opportunities in collaboration with faculty and graduate students to be transitioned to the market.