UTI has developed or assisted in the creation of over 41 start-up companies since its inception in 1989. Experience from those years has led to the formation of IGNITE, UTI's company creation and development capability. The IGNITE team works with researchers to envision what a technology may become. The IGNITE model enables the creation of "investor ready" enterprises.

IGNITE will continue to make significant contributions to our community through the creation of jobs, the sharing of knowledge, know-how and the creation of wealth opportunities for investors. The development and growth of a company is one of the most exciting possibilities in technology commercialization.