Cornell’s tech transfer office, which we refer to as CTL, focuses primarily on – you guessed it – the licensing out to other companies of technology developed at Cornell by faculty, staff, researchers, PhDs and other employees. Sometimes CTL licenses technology to startups formed by the inventors and sometimes it licenses technology to more established larger companies. But there is no doubt that CTL encourages startup companies through its work and programming. And it also encourages those companies to stay local when possible to further our overall entrepreneurial ecosystem.
Our technology resources are focused on world-class shared use facilities in very specific areas. Cornell is fortunate to have such resources on campus and startup companies are fortunate to be able to use them, particularly at the early stages when acquiring the equipment and tools available at the shared use facilities is typically impossible and impractical.