The Office of Technology Commercialization & Ventures (OTCV) Technology Development Fund was established by was established by OTCV in the President’s Office in 2004. The purpose of this funding is to assist faculty and the OTCV offices with the commercial development of useful technologies discovered on our campuses. The Fund was initially created as part of the University’s science and technology activities and as part of OTCV’s mission to increase licensing income, startups, and entrepreneurship across all five campuses in our system.