Mission
NISTAC's mission is to create and sustain a formal network that will support technology advancement, technology transfer, education and scientific research. The objective is to help strengthen regional economies by facilitating the commercialization of new technologies, through the promotion of related research and education. Strategies to accomplish this mission include:
- Strengthening regional economies by facilitating the start-up and/or expansion of technology-based, high growth enterprises, particularly via technology transfer from research institutions and other sources;
- Acquiring technologies, via donations and other means, from large corporations and other sources, for transfer into technology deficient regions to support institutional research and commercialization, particularly via licensing to small and startup business enterprises; and
- Development of supportive networks and the infrastructure needed for successful technology commercialization, particularly including access to investment capital and human skill enhancements through educational and professional development programs in technology entrepreneurship and management.