The University of Utah has formed the Partners for Innovation, Ventures, Outreach & Technology (PIVOT) Center to lead its centralized and integrated strategy and operation for technology commercialization, corporate engagement and economic development.

The new office builds on the work by the Center for Technology & Venture Commercialization (TVC), to serve as a hub to foster partnerships between industry, university and government entities.

Operations previously led by TVC will continue to assist the U’s faculty inventors in bringing their innovations to market by spearheading all aspects of invention management, patent prosecution, licensing, startup formation and support, equity management and early-stage funding. The new office will now leverage these existing resources and manage economic development and corporate engagement.