The Massachusetts Technology Transfer Center (MTTC) is a quasi-public state government agency that helps inventors, researchers, and entrepreneurs bring innovative technologies from academic research institutions to the market. By providing access to capital, coaching, and connections, MTTC accelerates the adoption of new technology, expedites startup activity, and expands economic impact statewide.
MTTC administers the Massachusetts Association of Technology Transfer Offices (MATTO), whose members are all not-for-profit research institutions in the Commonwealth.
Academic Research Commercialization
Massachusetts is a national leader for technology transfer. Our research institutions are some of the most prolific in the country, producing new licenses and spin-outs that reached $1.48 billion in commercial value from 2018 to 2020 . The MTTC works with the technology transfer offices at Massachusetts’ research institutions that facilitate this vital economic activity. We help inventors, researchers and entrepreneurs create businesses.
In 2003 the legislature created the Mass Technology Transfer Center (MTTC) to support the transfer of technologies from all research institutions in the state to industries. Initial funding was $1.9 million. The Center was housed within the University of Massachusetts' President's Office. UMass contracted with MassVentures to manage the Acorn academic research commercialization fund in 2020 and 2021. In January 2022 the Governor signed legislation that transferred MTTC operations to MassVentures.