Technology Ventures Corporation was formed in 1993 as a nonprofit charitable foundation by Lockheed Martin Corporation as part of the management contract for Sandia National Laboratories. Its mission is to commercialize federally funded technologies. Its goals: job creation, business formations, and equity funding. TVC’s model of ideas, talent, capital, and community reduces the barriers to technology commercialization.
TVC employs a successful commercialization model that connects innovators, entrepreneurs, and investors nationwide to create companies and take federal laboratory inventions to the marketplace. Between 1993 and 2015, TVC figured prominently in the production of more than $1.2 billion in venture capital investments, more than 121 new high-tech companies, and more than 13,500 new jobs.
TVC® is a registered trademark of Technology Ventures Corporation