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Bloomingpedia:This week's featured article/2007 Week 31
Started back in 1997, IURTC was created by the IU Foundation at the request of then IU President, Myles Brand. The Indiana University Research and Technology Corporation (IURTC) is a non profit organization that was created to deal with all IU Trademarks, Business Development, and Intellectual Property. They were also made to hold equity in other corporations as part of licensing deals. IURTC actually has a contract with IU which allows them to do what they do. The contract allows them to deal with the functions of Technology Transfer, the IRLP (Industrial Research Liaison Program), Corporate Development, Licensing & Trademarks, the KEP (Kelley Executive Partners), and the IU Research Park.