![]() In doing so, TLA supports UA researchers as they patent, license and market new intellectual property, moving technologies into the marketplace. Related to such activities, the in-house language often evoked is that TLA is "creating an innovation ecosystem" involving partners across the city, in business and industry and also within the general community. TLA also will initiate a long-term financial strategy to leverage the returns generated from the Tech Parks. The unit also will host a two-day summit during the spring, bringing together 50 thought leaders in university technology commercialization from across the country. In the coming year, the Arizona Board of Regents set goals for TLA that include delivering at least 190 invention disclosures, 17 patents and 10 new companies.Īlso, TLA will continue to develop the Catapult Corporation, which invests in new companies based on UA-born technologies. "We are pleased with the way the University and technology business community has stepped up to become involved and help."Īllen noted that the UA in 2012 established 55 objectives, and many of those goals have been met. "We have continued to build upon the previous new approaches and success of last year, and every indication is that this fiscal year we will appreciably exceed the performance of last," Allen said. "Fiscal year 2014 was our first full year with a complete team, new procedures and new programs in support of securing and protecting UA intellectual property and licensing it to existing and new companies," said David Allen, vice president of TLA. Such accomplishments include a UA researcher licensing a technology developed for an eco-friendly substitute for cement, an exclusive license agreement for a company that is improving natural skin cancer prevention and involvement in the launch of the Defense and Security Research Institute, which will establish more partnerships between the UA and industry. In its first full fiscal year of operations, TLA executed 39 exclusive licenses and options for 72 total licenses overall filed 167 patents aided faculty inventors in 188 invention disclosures helped create 11 startup companies received 24 patents and supported the funding of 19 proof-of-concept projects. Tech Launch Arizona was established early last year to ensure that good ideas developed by University of Arizona researchers do not live and die in laboratories or grow dusty on bookshelves but enter the market for public benefit. The UA created TLA in 2013 by merging three separate functions – technology transfer, tech parks and corporate and business relations – and creating a fourth function, new venture development.
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