- facilitates and accelerates technology transfer between research institutions and Massachusetts companies;
- promotes collaboration between research institutions and the Commonwealth’s technology industry;
- assists in the growth of Massachusetts companies, including startups, by enhancing technological leadership; and
- supports regional and statewide economic development priorities.
Capturing Creative Ideas for Massachusetts Industries
Fundamental research is the primary building block for technology-based and knowledge-based industries. To develop and support these industries, creative ideas must make the transition from research labs to companies, where they can be developed into products.
Total federal R&D expenditures in the Commonwealth’s academic and nonprofit research institutions exceed $4.5 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.
The Center enhances this process by implementing programs aimed at increasing the quantity and quality of new technologies transferred, educating researchers on entrepreneurship and the technology commercialization process, and bringing together researchers, company executives and professional financiers to learn about new technological advances. These programs support new companies and strengthen the technology lead of the Commonwealth’s existing companies.
Areas of Excellence
The Center focuses on research areas in which Massachusetts is nationally recognized for research leadership.
- Advanced Materials
- Biomedical Devices
- Computer Sciences and Internet Technologies
- Disease Research and Drug Discovery
- Energy and Environmental Technologies
- Genomics and Proteomics
- Marine and Ocean Sciences