Posted on Tuesday, November 22nd, 2011 by Jim Petras, CPA, CITP
The Ohio Technology Transfer Organization (“OTTO”) has been around for a while. It assists in moving research from the research institution to the market place. Since its inception, over 900 Ohio companies have utilized this resource. The basic idea of the technology transfer office is to assist researchers in finding a home for their ideas and businesses with solutions to technical problems or new product development. These offices also may provide physical space and have access to venture capital. Besides trying to find a home for members’ research, they will also work with a company or entrepreneur with a research project.
Universities with a technology transfer department include Bowling Green State University, Case Western Reserve University, Cleveland State University, Kent State University, Ohio State University, Ohio University, Wright State University, The University of Akron, The University of Cincinnati, The University of Dayton, and The University of Toledo. The Cleveland Clinic and the Cincinnati Children’s Hospital are also members.
A visit to the University of Akron (www.uakron.edu/research) or the Cleveland State University (www.csuohio.edu/research/technologytransfer) websites will give you a quick idea of the many resources available to a company, an inventor, or an entrepreneur. The Technology Transfer Officer primary website is http://www.ohiohighered.org/ttoc.
So if you need help with research or product development, consider the Ohio Technology Transfer Office.
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