NUtech Ventures Celebrates Trailblazing Innovations

NUtech Ventures, a nonprofit technology commercialization affiliate of the University of Nebraska, has honored the innovative researchers to highlight the accomplishments of University of Nebraska–Lincoln faculty, staff, students and partner companies at their annual Innovator Celebration.

NUtech Ventures’ recognition of pioneering researchers is a testament to the vibrant ecosystem it has cultivated. The company plays a pivotal role in bridging the gap between academic ingenuity and commercial viability, turning the spark of innovation into a flame that illuminates various industries.

The celebrated researchers span disciplines, showcasing the organization’s commitment to supporting a wide range of groundbreaking projects. From life sciences to technology and beyond, NUtech Ventures is actively fueling innovations that have the potential to reshape industries and improve lives. 

“We have an incredibly broad range of research and creative activity at Nebraska that can be translated into products and services by existing and startup companies that create new jobs, grow our economy, and improve quality of life,” said Brad Roth, executive director of NUtech Ventures. “NUtech Ventures is here to serve the campus as a proud partner in this work.”

During fiscal year 2023, Husker innovators shared 105 new inventions with NUtech Ventures for evaluation. Additionally, 31 patents were issued to Nebraska researchers this year, including 24 U.S.-issued patents. NUtech executed 37 licensing agreements for the commercialization of work produced at UNL, and NUtech’s licensing revenue totaled 5.7 million dollars in fiscal year 2023 — just under $4.5 million was distributed to inventors, colleges, and the campus.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

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Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

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