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NIST connecting entrepreneurs, industry and investors in the cloud

The U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) is funding a program to better connect entrepreneurs, industry and investors with inventions from federally funded R&D. NIST has created a partnership with National Technical Information Service (NTIS) and will invest $1.7 million of its Lab to Market funding to complete the project.

The project is to create a cloud-based solution that consolidates access to commercially relevant information on federal technologies and intellectual assets, and is being led by Berico Technologies. The goal for the NIST project is to connect private companies seeking technologies to license and commercialize with relevant federal agencies, as well as to identify research assets available for further development. The new site will use data analytic tools to curate and identify complementary technologies from across the federal research system through a single site.

Berico will be supported on the project by Dun & Bradstreet Federal, Amazon Web Services and the Virginia Tech University Pamplin College of Business, Center for Business Intelligence and Analytics (CBIA) for supplemental data science services.