Then there is the business development program. Business development programs are programs to accelerate business entity development, monitoring business entities, monitoring commercial products, implementing TTO (Technology Transfer Office) in the environment. In carrying out its function as TTO, the Directorate of Business Development and Incubation focuses in harmony with the Directorate of Research, Directorate of Community Service, Faculties/Schools, Study Centers, and Integrated Research and Testing Laboratories. The Directorate of Business Development and Incubation encourages activity units within UGM to collaborate with three main elements in Academics, Business, and Government (ABG), known as the Triple Helix concept. These three things are expected to help synergies in efforts to prepare human resources and industrial products that have competitiveness to win the global competition.
Then the last one is the UGM STP program. UGM Science Techno Park is a science park within the scope of a university that has facilities as a vehicle for teaching and learning based on the adoption of the research industry. STP UGM is a forum for innovative, dynamic, and competency-oriented learning processes for graduates.
== Facilitating university-industry collaboration ==
Kampus Merdeka has been one of the biggest programs in Indonesia in which students are free to choose which industry they would like to collaborate with. Students may choose to do internships at various companies, experience studying in campuses all around the world by joining exchange student programs, conduct self-paced learning by joining independent study programs, and so on.
== Engaging with regional and local economic development efforts ==