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== University technology transfer function ==
Technology transfer and research licensure are handled at Nevada by the University '''Technology Transfer Office'''. TTO, a joint initiative between the University of Nevada and the nearby Desert Research Institute, fulfills tech transfer and licensing functions while vetting on-campus research projects for their potential as startups. TTO's main mode of development for these projects is the formation of venture teams for entry into the $50,000 Sontag Entrepreneurship Competition; as these teams mature and develop, TTO pipelines them into becoming actual ventures. The unfortunate reality of this plan is that many students, including some of the most successful, end up abandoning their projects to pursue more lucrative schooling or job opportunities.
The Sontag Entrepreneurship Competition will be happening for the third time this year; TTO-created teams have won both of the previous competitions.
== University-Industry collaboration ==