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Mission Statement

NAU Ventures is a partnership between the NAU Office of the Vice President for Research and the Northern Arizona Center for Emerging Technologies (NACET) established to implement and manage NAU’s technology transfer program and to incorporate Arizona Board of Regents (ABOR) intellectual property policy into NAU practice. The primary mission of NAU Ventures is to create and foster productive, appropriate, and mutually beneficial, collaborative research relationships and the transfer of technology between the NAU Research Community and the private sector.

Principal Objectives:

• To disseminate, for the public benefit, and through the use of worldwide patent and copyright systems, new and useful knowledge generated by NAU research.
• To license NAU inventions to industry in order to promote the commercial development of inventions toward practical application for the benefit of the public.
• To utilize the value of NAU inventions to promote a culture of “open innovation” between NAU and the private sector.
• To provide revenue for supporting further research which, in turn, may facilitate the discovery of more new inventions.