Since its inception, the IC² Institute has understood the transformational role technology can play to build regional economies and create local wealth. From its early role as a catalyst in the Austin tech boom through its work in over 50 countries, the Institute has helped government, industry, and educational institutions join forces to foster innovation-based economic development.
Here is a sampling of our ongoing programs in regional economic development.
The Global Commercialization Group facilitates the growth and development of innovative technology-based businesses throughout the world. GCG programs builds local capacity and value by simultaneously providing commercialization know-how to local partner organizations and proactively moving science and innovation from the region into international markets. This dual approach creates sustainable wealth-creating systems with measurable results in international business.
The Center for Global Innovation and Entrepreneurship (CGIE) is a non-profit, self-sustaining center founded by The University of Texas at Austin and located in Nuevo León, Mexico.
CGIE hosts a master’s program in science and technology commercialization, the Maestría en Ciencias en Comercialización de la Ciencia y la Tecnología (MCCT), and is a portal for the free flow of students, teachers, businesses, and knowledge between Texas and Mexico. Further, CGIE supports local universities, business incubators and programs with technology assessment and business advice. CGIE has assisted the development of certified business incubation methodologies and has deployed technology transfer office structure and training in three Mexican states
The Gyeonggi-UT Innovation Program uses IC² Institute methodologies to help companies from the Gyeonggi Province of South Korea bring their innovations to international markets. In the first three years of the program, over 400 technologies were submitted for consideration, 36 companies were selected to receive business development services, and 32 reached international business agreements with projected export revenue of $15-30M.
Since 2007, the University Technology Enterprise Network has worked to enhance Portugal’s competitiveness in S&T commercialization and global entrepreneurial success. Over the years, UTEN has worked with hundreds of TTO and incubator staff through training and immersion programs in Portugal and the US. Since 2011, UTEN’s Global Startup Program has helped dozens of Portuguese tech entrepreneurs prepare to “go global” and enter markets in North America and worldwide. Starting in 2017, UTEN Portugal is managed out of the McCombs School of Business.