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Whats the relationship between UChicagoTech and ARCH Development Corporation?

April 26, 2017Arch corporation Development relationship uchicagotech

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Whats the relationship between UChicagoTech and ARCH Development Corporation?

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ARCH Development Corporation was founded in 1986 as a wholly-owned not-for-profit affiliate of the University of Chicago, charged with handling all of the University’s intellectual property and technology commercialization matters. This remit also extended through 1994 to Argonne National Laboratory, which the University of Chicago runs for the U.S. Department of Energy. Based on the finding of two faculty committees, UChicagoTech was established in July 2001 to handle the business of ARCH Development Corporation and all ongoing intellectual property and technology commercialization matters. UChicagoTech is an office operating from within the University and reports directly to the Vice President for Research.