Our Vision
Technology Ventures Corporation (TVC) creates high wage jobs in communities served by Department of Energy (DOE) laboratories and facilities by optimizing:
- IDEAS - Leveraging intellectual property and applying market intelligence
- TALENT – Training and development of entrepreneurial skills
- CAPITAL - Expanding the network of available capital
- COMMUNITY - Strengthening the local culture of entrepreneurship
TVC’s model of ideas, talent, capital and community reduces the barriers to technology commercialization.
The primary vehicle for showcasing both seed and early stage companies are TVC’s Deal Stream Summit (formerly, Equity Capital Symposium). To date, one-third of the presenting companies have received funding—a noteworthy achievement and an unmatched success rate. TVC clients do not pay any fees (or equity compensation) for assistance.
Mission
TVC exists to assist the DOE in successfully engaging entrepreneurs to apply laboratory resources to enter into the commercial marketplace, increase U.S. industrial competitiveness and create high-tech jobs.
TVC History
TVC has nearly 20 years of experience in commercializing technology from the DOE. When Lockheed Martin Corporation founded Technology Ventures Corporation in 1993 as part of its successful proposal to manage the Department of Energy’s Sandia National Laboratories, the challenge was clear: Facilitate the commercialization of technologies developed in national laboratories and research universities to create thriving companies and good jobs in New Mexico. How to make this happen was, of course, quite another matter. The road between esoteric technologies and practical applications resulting in jobs isn’t a straight line and the roadmap didn’t exist. TVC created its own through trial, error, sagacity and professionalism, the result: IDEAS, TALENT, CAPITAL, and COMMUNITY.
Between 1993 and 2012, TVC figured prominently in the production of more than $1.2 billion in venture capital investments, more than 120 new high-tech companies and more than 13,500 new jobs.
Technology Ventures Corporation is a nonprofit, 501(c)3 private foundation, founded by Lockheed Martin in 1993, and funded by both Lockheed Martin and the Department of Energy.
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