Office of Technology Commercialization 2018 Annual Report
![annual report statistics page](/sites/default/files/styles/content_width_small/public/news/2018-10/OTC%202018%20Annual%20Report_Page_08_croppedfornews.png?itok=0j3B5nrZ)
The 2018 Annual Report shows how the OTC has been "Fostering Growth in Innovation" over the past year.
This year was a period of growth for the Office of Technology Commercialization and UK commercialization capabilities. It was the first full year with a Commercialization & Licensing team, rolling out new marketing materials, licensing strategies and technology partnership initiatives. This growth led to 29 licenses and options executed in FY18, a 123% increase from last year and the most ever in a year for the University.