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iTHRIV Affiliate

The University of Virginia Licensing & Ventures Group

The University of Virginia Licensing & Ventures Group (LVG) is the intellectual property management and innovation commercialization organization for the University’s research enterprise. Founded in 1977, its mission is to maximize the intellectual, societal, and economic impact of UVA discoveries via commercialization to enrich and improve lives for the University, the Commonwealth of Virginia, and the world.


Supporting the University community and translational research efforts, LVG offers the following technology transfer services to faculty, staff and students:


  • Invention Disclosure Evaluation

  • Prior Art Searching

  • Patent Preparation/Prosecution

  • Federal/Sponsor Compliance

  • Research Development

  • Experimental Design (for patentability)

  • Business Development

  • Licensing/Contracting

  • New Venture Creation

  • Entrepreneurs in Residence

  • Business Advisory Services

  • Open Incubator Workspace

The LVG Seed Fund I & II are evergreen seed-stage funds that are uniquely positioned to launch and support new ventures emerging from the UVA research portfolio. Managed by LVG, the Funds are governed by an oversight committee comprised of leaders in early-stage investing and startup development who are all UVA alumni.

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