Pennsylvania’s department of community and economic development (DCED) is partnering with the federal government to help commercialize emerging technologies and expand the commonwealth’s research opportunities, according to DCED Secretary George Cornelius. The U.S. Department of Agriculture’s Agricultural Research Service (ARS) and the Pennsylvania Ben Franklin Technology Development Authority inked the five-year Partnership Intermediary Agreement (PIA) to increase the flow of ARS technologies to Pennsylvania’s small businesses, colleges and universities, and research institutions. The authority is one of nine economic development agencies nationwide chosen to partner with ARS as part of the agricultural technology innovation partnership program network.
The agreement is designed to enhance product development, commercialization, and economic development opportunities for Pennsylvania companies. It also will help Pennsylvania’s companies and researchers access ARS’ national network of research labs, and IP. “Up-and-coming technology companies, entrepreneurs, and researchers are critical to Pennsylvania’s future,” Cornelius says. “This agreement will expand Pennsylvania’s research and intellectual property base.”
Source: PR Newswire